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Purchase Order Note

oboloo Glossary

Purchase Order Note

The official business definition of a Purchase Order Note is a document issued by a buyer to a seller, indicating the type, quantity, and agreed price for products or services the seller will provide to the buyer. It is a legally binding document that serves as an agreement between the two parties, outlining the details of the purchase. The purchase order note is typically created by the buyer and includes the buyer’s name, address, contact information, and payment terms. It also includes the seller’s name, address, contact information, and the description of the goods or services to be provided. The purchase order note is a critical document in the business transaction, as it provides the necessary information for the seller to fulfill the order and for the buyer to pay for the goods or services. It also serves as a record of the transaction, which can be used for future reference.

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