Purchase Orders are created from Purchase Requisitions and are used to control the acquisition of goods and services. Utilizing a Purchase Order calls WHOI’s terms and conditions of purchase into the transaction affording WHOI protection. Purchace Orders also create an "encumbrance" in the general ledger of accounts helping you manage your budget and to create a pivot to track a purchase.
WHOI strongly recommends that all procurements of $5,000 and up utilize Purchase Requisitions
Last updated: January 10, 2018