Introduction to Purchase Orders

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Overview

This section provides an overview of Purchase Orders.

Introduction to Purchase Orders

Purchase Orders recognise an appointee's commitment or obligation to future expenditure without creating a liability in the general ledger.  The liability will usually be recognised when the goods are received or the services performed.  They can also be used as a budgeting tool.

Related

Entering Purchase Orders
This section describes the process of entering a Purchase Order.
Converting a Purchase Order into an Accounts Payable Entry
This section details the steps you need to take to convert a Purchase Order into an Accounts Payable.