What is Purchase order?
[[File:Purchase Order Request Form.jpg|thumb|Purchase order request form]] A '''purchase order''' ('''PO''') is a [[document]] stating the wish of a [[buyer]] to [[purchase]] something from a [[seller]]. It indicates all of the exact details of the [[Good (economics)|goods]] the buyer intends to buy. When the seller accepts the purchase order, it forms a [[legal]] [[contract]] between both sides. This means that the seller is required to provide the goods in exchange for [[payment]] by the buyer.<ref>{{cite web|url=https://finance.ubc.ca/|title=Home - UBC Finance|website=finance.ubc.ca}}</ref> ==References== {{reflist}} {{commons category|Purchase orders}} [[Category:Business]] [[Category:Documents]] {{stub}}