Difference between revisions of "Purchase order"
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:[[Purchase order]]. A form used in business to place an order for the buying of goods from a seller. | :[[Purchase order]]. A form used in business to place an order for the buying of goods from a seller. | ||
According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| − | [[Purchase order]] is a written or electronic document authorizing the purchase of specific raw materials from a specific supplier. | + | :[[Purchase order]] is a written or electronic document authorizing the purchase of specific raw materials from a specific supplier. |
==Related concepts== | ==Related concepts== | ||
Latest revision as of 13:40, 15 July 2020
Purchase order is a form used in business to place an order for the buying of goods from a seller.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Purchase order. A form used in business to place an order for the buying of goods from a seller.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Purchase order is a written or electronic document authorizing the purchase of specific raw materials from a specific supplier.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
