PO Processing

In business, a purchase order (PO) is a document issued by a buyer to a seller, indicating the type, quantity, and agreed price for goods or services the buyer intends to purchase from the seller.

A PO is usually generated after the buyer and seller have negotiated the terms of sale and is then used to confirm those terms. Once the buyer submits a PO to the seller, it becomes a binding contract between the two parties.

POs are commonly used in business-to-business transactions but can also be issued in business-to-consumer scenarios. For example, when you order something online from a retailer, you might receive an email confirmation that includes your PO number.