Purchase Order - What is a purchase order and how does it work?

Q: What is a purchase order and how does it work?

A purchase order is a legally binding document between a supplier and a buyer. It details the items the buyer agrees to purchase at a certain price point. It also outlines the delivery date and terms of payment for the buyer.

Answer

A supplier and customer are bound by a legally binding document known as a purchase order. In it, the customer specifies the goods and services they will receive for a certain price. It specifies the buyer's payment conditions and the date of delivery.

Purchase Order - What is a purchase order and how does it work?

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