Answer / vinod.r

Puchase order is the document in which Customer will mention
the items to be required for them & also Terms of Delivery.

But Invoice is the document proof made by the supplier,
stating that they had supplied items to the customer as per
the purchase order of the customer.

Answer / prakash reddy

In Purchase order they will specify what are the items to be
purchased

In Invoice they specify what items we have purchased

Answer / suhasini modagi

Invoice is a list of price, rate, quantity, quality and we
can say that its all about bills of materials which are
dispatched.
Purchase order is the list of materials ordered by the
company to the mfrs.

Answer / lembris

purchase order is the document to inform the supplier about
the items to be supplied while invoice is a claim raised by
the supplier concerning goods supplied

Answer / naveen kumar m c

PURCHASE ORDER
A purchase order (PO) is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services the seller will provide to the buyer. Sending a purchase order to a supplier constitutes a legal offer to buy products or services. Acceptance of a purchase order by a seller usually forms a one-off contract between the buyer and seller, so no contract exists until the purchase order is accepted. It is used to control the purchasing of products and services from external suppliers

INVOICE
An invoice or bill is a commercial document issued by a seller to the buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer. An invoice indicates the buyer must pay the seller, according to the payment terms. The buyer has a maximum number of days in which to pay for these goods and is sometimes offered a discount if paid before the due date.
In the rental industry, an invoice must include a specific reference to the duration of the time being billed, so in addition to quantity, price and discount the invoicing amount is also based on duration. Generally each line of a rental invoice will refer to the actual hours, days, weeks, months, etc., being billed.
From the point of view of a seller, an invoice is a sales invoice. From the point of view of a buyer, an invoice is a purchase invoice. The document indicates the buyer and seller, but the term invoice indicates money is owed or owing. In English, the context of the term invoice is usually used to clarify its meaning, such as "We sent them an invoice" (they owe us money) or "We received an invoice from them" (we owe them money).

Answer / tanmoy

Purchase order is the confirmation of delivery of material.
Invoice is made when material will deliver.

Answer / suhasini modagi

purchase order comes after Invoice i can say, after
confirmation of all the price quoted in the invoice we will
be decide to purchase right.
Invoice is nothing but it is like quote summary of price of
goods/materials

Which is the better corporate business entity to chose for tax advantages - C Corp or S Corp?

1 Answers  

What do you mean by Adjustment

0 Answers  

difference betwwen the 4.6 & 4.7 ecc versions

0 Answers   Deloitte,

What three Specific Job Positions do you target from the Industry

0 Answers   GSK GlaxoSmithKline,

Give me solved example of bank book and cash book

4 Answers  

Short Answer on ________Ad-Valorem Duties

0 Answers  

Who would NOT be considered "independent" in the context of an independent examiner?

1 Answers  

Short Answer on _________Commerce

0 Answers  

Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com

0 Answers  

WHICH IS MORE RISKY TO A BANKER, A CASH CREDIT OR A LETTER OF CREDIT

0 Answers  

expand I R D A

5 Answers  

State why you feel you are suitable candidate for the post applied

1 Answers   ATS,