What is Purchase Order?
Purchase Order (PO) is a contract created by buyer to confirm his purchase of goods or services offered by seller. It has the following information:
Order NumberThe unique number identify the contract
Order DateThe date of purchase order
Buyer nameThe name of buyer
Purchased items informationOne or more items purchased by buyer; It contains item description, unit price and quantity, and subtotal price;
Price informationThe contract price such as
grand_total, and discount information if any
Payment MethodThe payment method chosen for this purchase order
Shipping Option and AddressThe shipping option chosen for this purchase order, and shipping address; A purchase order can contain more than one shipping options
A Purchase Order is generated when buyer confirms his/her purchase of items to merchants and completes PO submission. Each purchase order life cycle may vary and is subjected to the payment method, and the follow up actions merchant or customer act on them.
A Purchase Order contains one or more shipping orders.