Purchase order
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.
