PURCHASE ORDER

After clicking on TASK option we will click on purchase order.

 A purchase order (PO) is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services the seller will provide to the buyer. Sending a purchase order to a supplier constitutes a legal offer to buy products or services. Acceptance of a purchase order by a seller usually forms a one-off contract between the buyer and seller, so no contract exists until the purchase order is accepted. It is used to control the purchasing of products and services from external suppliers. In order to create Purchase Order in the Peachtree Accounting Software we have to open Purchase order window. And then write the vendor id, date, PO number, Quantity and item, discount amount, select the method of delivery, unit price and amount. After providing all the data we will save the purchase order and close this window.