Make Purchase Order in Excel
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- Опубликовано: 12 сен 2024
- You Make a Purchase Order Order in Excel to main the list of all the purchases that have been done. What is a purchase order?
A purchase order (PO) is the official confirmation of an order.
It is a document sent from a purchaser to a vendor that authorizes a purchase. A PO confirms that an order has been placed
PO includes order details, mailing information, and price, vendor contact information, payment adjustments (credits or discounts), payment schedule, and the total amount due to the vendor.
Why do companies use purchase orders?
Purchase orders are used for several reasons:
They set clear expectations
POs enable purchasers to clarify their needs to vendors. Both parties can use them in case orders are not delivered as expected.
They help manage orders
POs give procurement, finance, and operations teams official documentation of incoming or pending deliveries, enabling them to track and manage orders more effectively.
They help with budgeting
Once a PO is created, purchasers can factor these costs into company budgets and therefore, spend more wisely.
They are legally binding
In the absence of a formal contract, a PO can serve as a legally binding document, but only after it is accepted by the vendor.
They are a key part of audit trails
Auditors are on the lookout for financial discrepancies. Issuing, processing, and recording POs ensures you have what you need to fend off auditors.
The benefits above are geared towards purchasers, but POs are important documents for vendors as well. Vendors use them for order fulfillment and payment processing.
Read our PO Process blog post to learn when businesses need purchase orders and when they don’t.
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Thank you very much I have learned here
Only total amount write? AFTER GST TAX amount add in purchase oder?
sir, you are good person, your excel tutorials are colsed my partial work, how do I download it please send me direct link for download.
Very nicely explained
Thank you so much.
Bt befr makn PO we need to know the price ryt ? Im confused, coz hw cn we say to d supplier dat dis is d price nd i need this mch quantity
Then you probably want an invoice. PO is meant for the supplier to manufacture the goods that the buyer wants(usually the client/company). For making the PO, you must discuss the price and quantity with the supplier and then draft the PO. This PO will then be used by the supplier for procuring raw materials, bank loans etc. Hope you got the idea now
Who will prepare this PO
By Quantity survey or Accountaints
Very nice series for Accountants and Small Business.
Thank you Sikandar Bhai
@@GuruJii
Sir
Meri Grocery Shop Hai Almost 1000+ Items Hai
Sir Mai Chahta hu. Jis trh Ye Vedio Hai Products Wise Details hai...
Ussi Trah..
Agr Mere Shop me 1000+ Items Hai.
Koi Coustom Aaya Usne Kuch Selected Items liya Hai alg alg Weights and Prices ki
Mai Chahta Hu Ki Bss Wahi Grocery items Shows ho jo usne Liya hai Check list krta jau mai Weight and prices vii total Bills hota jye...
Mis Executive banne ke liye kya eligibility criteria hona chahiye arts stream se graduate wale bhe ban skte hai...?
To become an MIS Executive you can be from any educational background. You should know how to use Excel, read and understand English and should be able to deal with large set of data in form of numbers. The most important skill to be an MIS executive is to have an analytical mind.
sir like kr k comment ka reply bhe toh do
Already done Dost
My E-Lesson thanks sir.... Sir main excel ke sth sth Ms access, SQL, Sas, Tableau bhe sikh rha hu... and I am fresher....
That is good dost.
Thank u so mch sir
Idk if am doing something weong...I tpyed exactly what I saw you entered which is =D9* C9 and it didnt work
I dont understand because you arent showing what you typed on the keyboard to get the answer so basically am lost
Thank you
Sir please make a video
How to enter order no. Automatically
Sir row insert karne par auto sum kaise ho koi formula
Datake end mein ek sum formula laga dein, tab agar bech mein koi rowinsert hogi to woh be total mein aajayegi
Sir please make MIS Series Video....because i want to learn MIS
Already i have 15-20 videos on MIS. Please check on my channel Rahul Bhai.
@@GuruJii sir I want to learn full inventory management in Ms Excell according to Procurement Process Like Purchase Order Entry then Grn Entry and Finally maintaining stock summary. can you help me?
I dont understand
R u Vijay malliya fan😅😅😅