Definition: A Purchase Order (PO) is a document developed and issued by a buyer to a seller indicating terms, types, quantities, and agreed prices for products and/or services. Form: DD Form 1155 – Purchase Order The PO is an award instrument used with the Request for Quotation (RFQ).The order is an offer by the Government to the supplier to buy certain supplies or services upon specific ...
When a purchase order is accepted by the seller, it does become a legal contract. The seller is acknowledging they will sell the items on the purchase order for the prices listed, and abide by the terms and conditions. Note that the seller does not have to accept the purchase order.
Receipt an order. In the Business menu, select Purchases. On the Current tab, click the purchase order you want to receipt. Click Full Receipt or Partial Receipt at the bottom of the Information tab, then enter the receipt details. (Optional) Enter the details of each additional item not on the original purchase order and click Add.