What is a Purchase Order? — Document for procuring goods/services
A purchase order is a business document sent by the buyer to the supplier formally requesting delivery of specific goods or services at agreed terms and prices.
Definition
A purchase order is a business document sent by the buyer to the supplier formally requesting delivery of specific goods or services at agreed terms and prices.
Details
A PO specifies: what is ordered (items/services), quantity, price, delivery deadline, payment terms. Once accepted by the supplier, it becomes legally binding. Flow: Quote → PO → Delivery note → Invoice → Payment.
Example
DOOEL 'Code Plus' orders 10 monitors from supplier: PO-2026-005, unit price 12,000 MKD, total 120,000 MKD + VAT, delivery by 01.04.2026.