ERP glossary · Purchase
What is Purchase order (PO)?
Definition
A purchase order is a document a buyer sends a supplier to confirm what is being bought, in what quantity, at what price and by when.
Once the supplier accepts it, the PO becomes the reference for receiving goods and for checking the supplier's bill.
Purchase order in IndustryX
In IndustryX, purchase orders flow into the goods receipt note and the purchase bill. From the Professional plan they can go through maker-checker approval.
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