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šŸ’” 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.

šŸ‘‰ 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. āœ…

šŸ“¹ Watch this 59-second short to understand Purchase Orders with a real-world example!

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