The purchase order

Question 1

What is the definition of a purchase order ?

Answer 1

A buyer-generated document that authorises a purchase transaction.

Question 2

What does a typical purchase order contain?

Answer 2

1. Name and address of business placing the order
2. Order date
3. Sequential order number
4. VAT registration number of business placing the order
5. Name and address of business the order is being placed with
6. Authorisation signature