If you are running a business, basic record keeping is essential. Without accurate and dependable records, your liabilities and receivables are nearly impossible to determine with any accuracy, ...

A purchase order is a legally binding document between a supplier and a buyer. It details the items the buyer agrees to purchase at a certain price point. It also outlines the delivery date and terms ...

For anticipated spend of $5,000.00 and higher, SCU requires that a Purchase Order (PO) be issued to the supplier before any work begins. The process begins with the end user submitting a [Purchase] ...

Accounts Payable will automatically pay purchase orders that are less than $1,000, without approval from the department. If the department does not want payment to be made, they must contact Accounts ...