PFinance glossary

Purchase Order

Quick definition

A document detailing an order placed with a supplier.

Overview

A purchase order is a commercial document issued by a buyer to a supplier specifying the products or services required, including quantities, prices and delivery terms.

Common Use Cases

  • Formalising a purchase order.
  • Serving as evidence of a transaction.
  • Helping track orders and stock levels.
  • Negotiating terms before delivery.

Examples in Small Businesses

  • Ordering raw materials for production.
  • Purchasing regular office supplies.
  • Processing orders for customised products.
← Back to glossary
FREE FOREVER PLAN

Start Managing Your Finances for Free

Join 2,500+ businesses using Trezy. Our free plan gives you real financial visibility — upgrade anytime for advanced features like AI forecasting and multi-bank sync.

Free forever plan
No credit card required
Ready in under 5 minutes