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- A purchase order (PO) is a legally binding document12345that serves as a contract between a buyer and a seller. Its purpose is to:
- Confirm the buyer's intent to purchase goods or services.
- Specify the items being purchased, quantities, payment terms, and delivery dates.
- Control the purchasing process from external suppliers.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A PO, or purchase order, is a legal document issued from a buyer to a vendor or supplier, to confirm that payment will be made for goods at a later date. A purchase order should contain the amount of money due to be paid to the seller. It should also show the method of payment and a concrete date for the agreed-upon payment.wise.com/us/blog/purchase-order-definitionA purchase order, often abbreviated to PO, is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services required. It is used to control the purchasing of products and services from external suppliers.en.wikipedia.org/wiki/Purchase_orderA purchase order (PO) is a legally binding document that confirms a business’s intent to buy goods or services from a supplier. It serves as a contract between a buyer and a seller, outlining the specific items being purchased, along with quantities, payment terms, and delivery dates.finally.com/blog/accounting/what-is-a-purchase-order/A purchase order (PO) is a legal document that is created by a buyer and sent to a seller to confirm their intention to purchase products and/or services. The PO document tracks important information related to what the buyer wants to purchase. It includes the quantity and type of items required, as well as payment terms and delivery details.planergy.com/blog/what-is-a-purchase-order/A purchase order is a written from a buyer to acquire goods or services. The document authorizes a to deliver to the buyer at the price, quality level, delivery date, and certain other terms specified in the agreement. A purchase order is legally binding after the supplier counter-signs it.www.accountingtools.com/articles/purchase-order - People also ask
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