Financial & invoicing terms explained
Purchase order (PO)
A purchase order is a buyer-issued document approving spend—your invoice should reference it.
Matching amounts
Invoices above PO value may be rejected without a revised PO or change order.
Receiving
Goods receipts may be required before AP pays—coordinate field documentation.
Blanket POs
Cover multiple invoices until consumed—track remaining balance.
Purchase order (PO) — FAQ
- Invoice above PO?
- Risk rejection—get a change order or new PO.
- Blanket POs?
- Cover multiple releases until consumed—track remaining.
- PO on the invoice?
- Always reference PO numbers in header or line notes.