“PO” stands for a purchase order. A purchase order is the contract between buyer and seller agreeing to purchase whatever goods or services are being bought.
For example, if a local coffee shop agrees to buy five cases of espresso from their favourite distributor, they might sign a purchase order when they buy the product, and the distributor will issue an invoice upon receipt of the coffee. In general, an invoice is issued by the seller, and a PO is issued by the buyer.
Purchase order line fields
| Field | Description |
|---|---|
| Item | Select an inventory item if you have inventory items set up for your organisation. Inventory items speed up data entry by automatically filling in purchase order fields with information you’ve saved against your inventory items. |
| Quantity | Enter the quantity of items you want to purchase. Use SalesGURU’s inbuilt calculator to help you work out transaction amounts. |
| Unit price | You can enter positive, negative or zero amounts but the overall purchase amount can’t be negative.Use SalesGURU’s inbuilt calculator to help you work out transaction amounts. |
Use purchase orders in SalesGURU to streamline your organisation’s ordering and purchasing process.
