Debit Note Or Debit Memo – What is it ? When to use it And View Samples ?

Much like an invoice, a debit note or debit memo is a business document sent to an individual or business to request payment. However, where an invoice is used to request payment for goods and services provided within your main trade or services, the Debit note is more commonly used to request payment for other income & services that are not the main trade or services. Continue reading →

What is a Purchase Order or PO? How to prepare a Purchase Order and View Sample Purchase Orders

What is a Purchase Order or PO and when to use it ?

A Purchase Order or “PO” is a commercial document issued by a customer or buyer to a vendor or seller for the purchase of goods. Often the vendor would have first issued a “quotation” or “tender” to the customer for the supply of these goods. The customer upon acceptance of the quotation would then issue the purchase order based on this quotation. The purchase order is a legal offer to purchase. When accepted by the vendor, it is binding.

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Sample Quotation or Estimate – What is a quotation ? What To Put On It And Example Quotations

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Credit Note Or Credit Memo – What Is It? When To Use It And View Sample Credit Notes

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Sample Invoice – What is an invoice ? What To Put On It And View Sample Invoices

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