A purchase order is a document given by the buyer (usually you) to the supplier to request a purchase of goods.
A purchase order contains the buyer invoicing details, delivery details, products, quantities, pricing, tax, discounts, payment terms, payment details, shipping charges if any, and other notes.
The supplier will issue a sales order against the purchase order you have provided.
A purchase order has multiple statuses: Ordered, Partial, Completed
To enable a Purchase Order, follow the below steps:
After Enabling Purchase order, inside Purchase, you’ll find the Purchase -Order menu.
Go to add Purchase order, fill in all the details and save it.
Stocks are not added on issuing Purchase orders.
Once a Purchase order is created you can print it and send it to the supplier.
On receiving Purchase orders the supplier issues a sales or invoice.