Purchase order

This query is : Resolved 

22 January 2017 Whether Purchase Order required to issue for the purchase of Fixed Assets.? if yes what is the difference between PO raised for Material purchase and Asset purchase?

24 January 2017 Yes any purchases made above the thresh hold set by the management should have a purchase order. All PO's are the same. Its part of the procurement controls. It ensures the management authorised the purchase price, vendor, delivery terms etc.


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