Buyer creates a purchase requisitionīefore sending out the purchase order to the supplier, the first step is to create a purchase requisition. In simple terms, it is the contract drafted by the buyer when purchasing goods from the seller. The document indicates the details on the items that are to be purchased, such as the types of goods, quantity, and price. ![]() ![]() A purchase order is a commercial source document that is issued by a business’ purchasing department when placing an order with its vendors or suppliers.
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