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