Abstract: A method for web-based evaluated receipt settlement of a invoice, the method comprising: generating a purchase order number for a product; shipping of the product to customer by supplier; issuing of a receipt settlement via an Internet or Intranet to the customer; determining if a shipping notice exists to receive against the receipt settlement; generating a receiver file if a shipping notice exists; determining if there is any discrepancy between the shipping notice and the quantity of the products set forth in the receiver file; determining if the receiver file should be released to accounts payable; and performing a 2-way match of the receiver file.