Purchase Orders Explained: What Accounting Professionals Need to Know

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3M ago 25:29

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Purchase orders are those very common documents that impacts many different departments within an accounting organization – from the purchasing professionals who create them, to the sales department who receives them and sees to the fulfillment of the order, to the billing department who creates the invoice associated with that purchase order and finally to the accounts payable team who uses that purchase order as part of their invoice verification process. Let’s take an in-depth look at exactly how POs work and what can and frequently does go wrong when they are not used correctly. We’ll also investigate blanket POs and the problems associated with this popular approach. #purchaseorder #purchaseorders #blanketpurchaseorder #PO

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