Difference between revisions of "Module - Purchase Order"
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Philip Lacey (talk | contribs) (Created page with "This article and feature of bxp are in development Category:To Be Revised Category:Topic:Module Overview") |
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| − | + | = Overview = | |
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| + | The Purchase Order (PO) Management [[File:031.png]] module allows for the management of Purchase Order requests, approvals and tracking. Where significant purchases are to be made by a business a purchase order management approach allows for sense checking of purchases by management. | ||
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| + | = Definition = | ||
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| + | <blockquote><poem> | ||
| + | A buyer-generated document that authorizes a purchase transaction. When accepted by the seller, it becomes a contract binding on both parties. | ||
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| + | A purchase order sets forth the descriptions, quantities, prices, discounts, payment terms, date of performance or shipment, other associated terms and conditions, and identifies a specific seller. Also called order. | ||
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| + | http://www.businessdictionary.com/definition/purchase-order.html | ||
| + | </poem></blockquote> | ||
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| + | = Notes = | ||
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[[Category:To Be Revised]] | [[Category:To Be Revised]] | ||
| − | [[Category: | + | [[Category:Module Overview]] |
| + | [[Category:Module Specific:Purchase Order]] | ||
Latest revision as of 15:00, 21 July 2017
1 Overview
The Purchase Order (PO) Management 
module allows for the management of Purchase Order requests, approvals and tracking. Where significant purchases are to be made by a business a purchase order management approach allows for sense checking of purchases by management.
2 Definition
<poem>A buyer-generated document that authorizes a purchase transaction. When accepted by the seller, it becomes a contract binding on both parties.
A purchase order sets forth the descriptions, quantities, prices, discounts, payment terms, date of performance or shipment, other associated terms and conditions, and identifies a specific seller. Also called order.
http://www.businessdictionary.com/definition/purchase-order.html
</poem>
