Purchasing
2 Docs
Reimbursement
Last Updated: December 19, 2024A reimbursement is a payment made by a company to one of their employees to repay the employee for purchasing something out of their own pocket on behalf of the company. Typically reimbursements are only made in cases where the purchase was necessary for the employee to perform their job, or where the company and...
Purchase orders
Last Updated: December 19, 2024A purchase order is a document submitted to a materials vendor or, in some cases, a subcontractor committing to the purchase of certain materials or services. Purchase orders usually include descriptions of the items, the quantities to be purchased, and the price of each item. Price can be omitted in cases where the vendor’s pricing...