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Can PO be considered as an agreement?
Thread poster: Asset Orymbayev
Asset Orymbayev
Asset Orymbayev  Identity Verified
Kazakhstan
Local time: 22:33
English to Kazakh
+ ...
Sep 23, 2013

Hi!

If one receives money once from some agency and bank asks for the agreement,
can PO be considered as an agreement?

Thanks!
 
nrichy (X)
nrichy (X)
France
Local time: 19:33
French to Dutch
+ ...
Yes Sep 23, 2013

Asset Orymbayev wrote:

Hi!

If one receives money once from some agency and bank asks for the agreement,
can PO be considered as an agreement?

Thanks!

It is a contract. Together with your invoice, this should be enough for the bank.
 
Asset Orymbayev
Asset Orymbayev  Identity Verified
Kazakhstan
Local time: 22:33
English to Kazakh
+ ...
TOPIC STARTER
Thanks for the answer! Sep 23, 2013

Hi nrichy,

Thanks for the answer! This is good))
 
Łukasz Gos-Furmankiewicz
Łukasz Gos-Furmankiewicz  Identity Verified
Poland
Local time: 19:33
English to Polish
+ ...
... Sep 23, 2013

'Contract' (10-page-thick, signed, sealed and delivered) and 'PO' are just naming conventions, they're both contracts. Some people just have this mental framework in which there are contracts and orders under contracts, but in technical reality that's more like large framework contracts (which are actually master contracts, i.e. templates, specimens, if you delve into it) and small specific contracts. So it's basically the small PO's that really count, the whole surrounding bureaucratical jazz i... See more
'Contract' (10-page-thick, signed, sealed and delivered) and 'PO' are just naming conventions, they're both contracts. Some people just have this mental framework in which there are contracts and orders under contracts, but in technical reality that's more like large framework contracts (which are actually master contracts, i.e. templates, specimens, if you delve into it) and small specific contracts. So it's basically the small PO's that really count, the whole surrounding bureaucratical jazz is just setting the ground for them. ▲ Collapse
 
Asset Orymbayev
Asset Orymbayev  Identity Verified
Kazakhstan
Local time: 22:33
English to Kazakh
+ ...
TOPIC STARTER
To Łukasz Sep 23, 2013

Hi Łukasz,

Thanks for the answer! Yes, this really simplifies life))
 
Marco Rosado
Marco Rosado  Identity Verified
Local time: 13:33
English to Spanish
A Purchase order (PO) is definitively a contract... Sep 23, 2013

once accepted or delivered by the recipient of the order!
 
Asset Orymbayev
Asset Orymbayev  Identity Verified
Kazakhstan
Local time: 22:33
English to Kazakh
+ ...
TOPIC STARTER
To Marco Sep 23, 2013

Hi Marco,

Thanks for the answer!
 
nrichy (X)
nrichy (X)
France
Local time: 19:33
French to Dutch
+ ...
Of course Sep 23, 2013

Marco Rosado wrote:

once accepted or delivered by the recipient of the order!


The invoice means that it has been accepted, and executed.
 
carolmonthero
carolmonthero
United States
Yes Oct 24, 2013

Yes. It will considered as a agreement.
 


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Can PO be considered as an agreement?







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