A purchase order (PO) is an official business document confirming the purchase of goods or services from a seller. It provides essential information such as details about the transaction, buyer and seller, the price and quantity of products, delivery instructions, and payment terms. It’s also a crucial part of inventory control and management processes, ensuring that customers can get up-to-date information on their purchases and suppliers receive clear instructions for fulfilling orders. With purchase orders, you can easily track and manage your buying activity to help ensure efficient operations, quality assurance, and better financial planning.