A purchase order template is an important document for business as well as in the professional field, which describes all essential details related to the transaction. This document is used as a confirmation of a purchase order including details about the delivery date and terms of payment for the buyer. A purchase order is a legally binding document between a supplier and a buyer which ensures accomplishment of work through a precise mode of transaction. Moreover, it is prepared for the settlement of a deal with another company for a consignment. It ensures all the terms and conditions of purchasing, including all information about the payment order. Usually, the purchase order is sent to provide details about the order and also for defining segments of consignment including way of payment. A seller can get a loan through different banks by providing a purchase order having brief details about the transaction. It is the first official offer issued by a buyer to the seller and used to control the purchasing of products and services from an external supplier.