Purchase Order - Why would you use a purchase order?

Q: Why would you use a purchase order?

Purchase orders are used to initiate a transaction with a supplier when a business wants to purchase something. This allows both parties to have matching records they can use to verify what was purchased, the price of the transaction, and when the purchase took place.

Answer

Every time a company needs to buy anything, they utilize purchase orders to start the process with its suppliers. Because of this, the items bought, the total amount, and the date of the purchase can all be confirmed by comparing the records kept by the two parties.

Purchase Order - Why would you use a purchase order?

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