Accountancy, asked by ulvekarsid, 6 months ago

purchase order is a​

Answers

Answered by muskan8422
14

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A purchase order, or PO, is an official document issued by a buyer committing to pay the seller for the sale of specific products or services to be delivered in the future.

Answered by SuryaTrinath
0

Answer:

A purchase order (PO) is a commercial document and first official offer issued by a buyer to a seller indicating types, quantities, and agreed prices for products or services. It is used to control the purchasing of products and services from external suppliers.[1] Purchase orders can be an essential part of enterprise resource planning system orders.

An example of a purchase order request from a travel agent.

Indent is a purchase order often placed through an agent (indent agent) under specified conditions of sale.[2]

The issue of a purchase order does not itself form a contract. If no prior contract exists, then it is the acceptance of the order by the seller that forms a contract between the buyer and seller.

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