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Paying by cash or check and getting a receipt for payment for a product or service does not specify what the purchaser was expecting to receive, only what happened.

Companies use purchase orders (PO) to manage money being spend and to define what is being paid for. A purchase order is a document from a purchaser or company representing an offer to purchase items or services from a seller. The purchase order itemizes details of an intended transaction. What is purchased, how much of any items, what will be paid for the item. It can include conditions and times of delivery and payment. When the seller accepts the purchase order, it becomes a binding contract for delivery by the seller and payment by the purchaser.

to make sure the purchased shipment has been received

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9y ago

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Related Questions

What category of law invloves a category requring a police man?

Criminal Law (someone has to enforce the law).


What is the definition of purchase order?

Purchase order is a formal written order to purchase inventory mentioned on purchase order at price also mentioned on it.


What does TO mean on purchase order?

TO on the purchase order means Taken Order while PO means Purchase Order.


Which of the foll is a reason for companies requiring a purchase order print to purchase?

Companies require a purchase order print to maintain a clear and formal record of the transaction, ensuring accountability and transparency in their procurement process. It helps in budget tracking and financial planning by providing a documented commitment to spending. Additionally, purchase orders facilitate better communication with suppliers, minimizing misunderstandings regarding order details, quantities, and pricing.


Where can one buy Reason magazine online?

One can purchase a Reason magazine online from websites like "Amazon". One can also purchase Reason magazines directly from the Reason website at 70% discount.


What is the difference between a work order and a purchase order?

what is the difference between a work order and a purchase order?


What of the following is a reason for companies requiring a purchase order prior to a purchase?

Companies require a purchase order prior to a purchase to ensure proper budget management and financial control by authorizing expenditure. It helps maintain accurate records of purchases, enhancing accountability and tracking for both the buyer and supplier. Additionally, purchase orders facilitate clear communication regarding the terms of the transaction, such as pricing and delivery details, reducing the risk of misunderstandings.


What is the difference between purchase order and purchase work order?

purchase order defined the product which you want directly from the vendor for smooth production. and purchase work order contains lot of procedure to complete the work


Is a reason for a company to require to purchase order prior to a purchase?

Yes, requiring a purchase order (PO) prior to a purchase helps a company maintain financial control and budgeting by ensuring that all expenditures are pre-approved. It also provides a clear record of the transaction, facilitating better tracking of orders and inventory. Additionally, POs help prevent unauthorized purchases and can streamline the approval process for procurement.


What is a purchase order in accounts payable?

Purchase order is a formal request to vendor for purchase of units of items or inventory.


Is a purchase order a buyer or a seller?

A purchase order is issued from a buyer to a seller.


Is this grammer correct - please find attached purchase order?

Purchase order are attached

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