Two Way Match vs Three Way Match Invoice
Two way match is used to compare the invoice received from vendor with the Purchase Order.
Three way match is used to match the details of PO, Goods Receipt and the Invoice document received from vendor. In Three way match the Quantity & Price is matched between PO, GR & IR. (Three Levels)
In other words Two way match is between PO and IV (Purchase Order - Invoice Verification ) and Three way match is between PO, GR and IV(Purchase Order -Goods Receipt - Invoice Verification).
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