Yarken Help Centre

Purchase Order (Description)

A purchase order is a document and first official offer issued by a buyer or seller indicating types, quantities, and agreed prices for products or services. It is used to control the purchasing of products and services from external suppliers.

When purchase order details are added in this master list, the details will be visible in the transaction detail list on reports.

Purchase orders will be linked to invoices if the invoice master list references a purchase order and the purchase order is found in the purchase order master list.

Adding a contract number will allow linking of the purchase order to a contract if the Contract is also added to the Contract master list.

Purchase Orders can be added either before or after the actual spend is loaded.

Field Name

Description

Mandatory

PO Number

The number that identifies a purchase order associated with this Accounts Payable line entry.

Yes

PO Description

Description of the purchase order

No

PO Date

The date of the purchase order

Yes

Requester

Person who requested the purchase order

No

Cost Centre Code

Cost Centre Code associated with the cost center name.

No

Cost Centre Name

The name of the Cost Center associated with the Cost Center code.

No

Vendor Code

The Vendor ID used by the Financial Management system to track the company providing the product or service.

Yes

PO Amount

Amount of the purchase order

Yes

Status

Current status of the purchase order

No

Contract Number


No

Go to the templates menu to download a template of an accounts file.