The official business definition of a Purchase Order From Buyer is a document issued by a buyer to a seller, indicating the type, quantity, and agreed price for goods or services the seller will provide to the buyer. This document is legally binding and is used to control the purchasing of goods and services from external suppliers. It is also used to document the buyer’s commitment to purchase the goods or services and the seller’s commitment to provide them. The purchase order should include the name and contact information of the buyer and seller, the item description, quantity, price, payment terms, delivery date, and any other relevant information. It is important to note that the purchase order does not constitute a contract until it is accepted by the seller. Once accepted, the purchase order serves as a contract between the buyer and seller.