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Signature Fields: In order for a purchase order to be a binding contract, both parties must sign it. Make sure your company representative has signed the purchase order before sending it to the vendor, and follow up to make sure that they've signed it, too.
Generally speaking, here's what a purchase order contains:Product(s) or service(s) being purchased.Quantity purchased.Specific brand names, SKUs, or model numbers.Price per unit.Delivery date.Delivery location.Company billing address.Agreed payment terms (e.g. on delivery, in 30 days, etc.)
Here's an example of a purchase order formPO number.Purchase order date.Vendor name and billing address.Buyer name and shipping address.Additional contact information, such as phone numbers and email addresses.Delivery date.Shipping method.Shipping terms.More items...?
Comparisons with Other Similar Documents By contrast, a purchase order is written by the buyer and does not act as a bill. Order forms may be used in some processes and are more similar to purchase orders in that the buyer fills one out to begin an ordering process.
Features of a Purchase OrderQuantity of goods or services purchased.A description of the product or good purchased.Brand names or model numbers.Price.Delivery date.Location.Name and billing address of the buyer.Name and payment receipt address of the seller.More items...?