💡 What is a Purchase Order (PO)?
A purchase order is a document created by a buyer and sent to a seller.
It confirms the order of specific products or services, including quantity, price, and terms.
👉 Example:
A company orders 100 laptops from a supplier.
The buyer sends a purchase order listing:
Item: 100 laptops
Price: $500 each
Total: $50,000
The supplier then approves and delivers the goods based on this PO. ✅
📹 Watch this 59-second short to understand Purchase Orders with a real-world example!
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