What is po and non po

Question

Accepted Answer

PO stands for Purchase Order and Non-PO refers to transactions that do not require a purchase order.

PO is a document that is issued by a buyer to a seller to initiate a purchase transaction.
Non-PO transactions are usually smaller purchases that do not require a formal purchase order.
PO transactions are typically more formal and involve a longer process of approval and documentation.
Non-PO transactions are usually approved more quickly and involve less paperwork.
Examples of PO transactions include large equipment purchases, while examples of non-PO transactions include office supplies or travel expenses.

Top IBM Finance & Admin Business Analyst interview questions & answers