Difference between purchase order and invoice - Revision history

Designing Buildings at 07:47, 27 November 2020

2020-11-27T07:47:17Z

← Older revision		Revision as of 07:47, 27 November 2020
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	* The benefits of e-procurement in construction.		* The benefits of e-procurement in construction.

−	[[Category:Construction_management]] [[Category:Contracts_/_payment]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Construction_management]] [[Category:Contracts_/_payment]] [[Category:Disambiguation]]

Editor at 16:15, 15 May 2019

2019-05-15T16:15:59Z

← Older revision		Revision as of 16:15, 15 May 2019
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	The details contained on a PO and an invoice are similar. The invoice will usually reference a PO number (if there has been one) to assist with record keeping and avoid confusion. However, an invoice will usually not include the technical details of the order might be included on a PO.		The details contained on a PO and an invoice are similar. The invoice will usually reference a PO number (if there has been one) to assist with record keeping and avoid confusion. However, an invoice will usually not include the technical details of the order might be included on a PO.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Accounting.		* Accounting.
		+	* Bill.
	* Cash flow.		* Cash flow.
	* Invoice.		* Invoice.

Editor at 12:20, 28 March 2018

2018-03-28T12:20:07Z

← Older revision		Revision as of 12:20, 28 March 2018
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	* Accounting.		* Accounting.
	* Cash flow.		* Cash flow.
		+	* Invoice.
	* Letter of intent.		* Letter of intent.
	* Purchase order.		* Purchase order.

Designing Buildings at 16:23, 18 January 2018

2018-01-18T16:23:27Z

← Older revision		Revision as of 16:23, 18 January 2018
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	A purchase order (PO) is a document that is issued by a buyer to a seller for the purpose of indicating their intention to purchase certain products or services. An invoice is a document issued by a seller to a buyer summarising the products or services that they have purchased (or have agreed to purchase).		A purchase order (PO) is a document that is issued by a buyer to a seller for the purpose of indicating their intention to purchase certain products or services. An invoice is a document issued by a seller to a buyer summarising the products or services that they have purchased (or have agreed to purchase).

−	Whereas POs are sent before ~~the~~ payment, invoices can be sent after the delivery of products or services, and ~~contain~~ a payment due date. An invoice can also be sent after ~~the~~ PO has been agreed ~~and payment has been sent by the buyer~~.	+	Whereas POs are sent before delivery or payment, invoices can be sent before or after the delivery of products or services, and typically include a payment due date. An invoice can also be sent after a PO has been agreed.

	An invoice becomes a legally-binding document, detailing a debt owed by the buyer to the seller, once it has been agreed to.		An invoice becomes a legally-binding document, detailing a debt owed by the buyer to the seller, once it has been agreed to.

−	The details contained on a PO and an invoice are similar. The invoice will usually reference ~~the~~ PO number to assist with record keeping and avoid confusion. However, ~~the~~ invoice will usually not include the technical details ~~that are~~ included on a PO.	+	The details contained on a PO and an invoice are similar. The invoice will usually reference a PO number (if there has been one) to assist with record keeping and avoid confusion. However, an invoice will usually not include the technical details of the order might be included on a PO.

	= Find out more =		= Find out more =

Editor: Created page with "A purchase order (PO) is a document that is issued by a buyer to a seller for the purpose of indicating their intention to purchase certain products or services. An invoice is a ..."

2018-01-11T15:22:47Z

Created page with "A purchase order (PO) is a document that is issued by a buyer to a seller for the purpose of indicating their intention to purchase certain products or services. An invoice is a ..."

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A purchase order (PO) is a document that is issued by a buyer to a seller for the purpose of indicating their intention to purchase certain products or services. An invoice is a document issued by a seller to a buyer summarising the products or services that they have purchased (or have agreed to purchase).

Whereas POs are sent before the payment, invoices can be sent after the delivery of products or services, and contain a payment due date. An invoice can also be sent after the PO has been agreed and payment has been sent by the buyer.

An invoice becomes a legally-binding document, detailing a debt owed by the buyer to the seller, once it has been agreed to.

The details contained on a PO and an invoice are similar. The invoice will usually reference the PO number to assist with record keeping and avoid confusion. However, the invoice will usually not include the technical details that are included on a PO.

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Accounting.
* Cash flow.
* Letter of intent.
* Purchase order.
* Record keeping.
* Subcontractor vs supplier.
* Supplier.
* Supply chain.
* The benefits of e-procurement in construction.

[[Category:Construction_management]] [[Category:Contracts_/_payment]]