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Define what is a purchase order. What are the characteristics of a purchase order? Describes the various functions of purchase orders. Describes the steps to

  1. Define what is a purchase order.
  2. What are the characteristics of a purchase order?
  3. Describes the various functions of purchase orders.
  4. Describes the steps to register a purchase order in the Sage 50 (Peachtree) program.
  5. Describes differences between a purchase order and an invoice.
  6. Explain the purchasing process:
  • Description of purchase orders.
  • Advantages and disadvantages.
  • Components, tools, or elements that they use.
  • Steps of the process.

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