![]() Seller rejects or accepts a purchase order However, modern companies tend to get rid of this process by requiring that the purchasing department issues a purchase requisition first, eliminating the need for approval. Some organizations require that before a PO is sent to the seller, it be approved by a designated person within the company. The PO will detail what is being requested from the supplier showing quantity, pricing, and the payment terms. When the purchasing department receives a request for things they need or other department needs and a decision is made to purchase those things, the department creates a purchase order. Here is the purchase order process: Creation of the purchase order by the buyer It means that the purchase order process is subject to modification to encompass any additional steps from budget approval to contractual approval. ![]() The steps taken would considerably vary depending on the nature of the company. To establish how a PO works, we will go through the process it takes from creation to closure of the deal. We will explain in this section what is involved within the business. ![]() The PO usually follows a strict step-by-step preparation procedure known as the purchasing order process. ![]() ![]() For a business to operate, it needs to streamline its purchasing process by using a purchasing order (PO). ![]()
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