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What is the difference between PO and Invoice [message #219860] Fri, 16 February 2007 07:01 Go to next message
rajesh466
Messages: 1
Registered: February 2007
Junior Member
Hi,
I'm new to Oracle Apps.
What is the difference between PO and Invoice ? Razz

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Re: What is the difference between PO and Invoice [message #219958 is a reply to message #219860] Sat, 17 February 2007 00:11 Go to previous message
merlinrajesh
Messages: 105
Registered: November 2006
Location: Chennai
Senior Member
Hi Rajesh

Purchase Order is a document given by the organisation to a supplier stating the item they need to buy, how much qty, with the payment terms and at wht time they require the item.

Invoice is nothing but a Bill given by the supplier to the buying organisation for the item they sold.

Hope this is helpful.

Thanks & Regards
Merlin Rajesh

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