The definition of purchase is something bought or paid for. An example of a purchase is a pair of pants for which someone paid $10. A temporary account used in the periodic inventory system to record the purchases of merchandise for resale. (Purchases of equipment or supplies are not recorded in the purchases account). This account reports the gross amount of purchases of merchandise. The different types of purchasing include- personal purchases, mercantile purchasing, industrial purchasing, institutionalized or government purchasing. Thus, a purchasing system is a process for buying products and services encompassing purchase from requisition and purchase order through product receipt and payment. Purchasing systems may be based on economic order quantity models. Therefore, to make purchasing easier download templates from us in your favorite versions like Word, Excel, Pages, Numbers, Docs and get more customers for yourself. 

What are Some of the Documents You Need Most Often for the Process of Purchasing?

The process of purchasing is quite complex if you need to really make sales and buy the correct resources for your business. Therefore, at, we are providing you with a list of documents that you would need most often to make correct purchases at the lowest prices:

  • Purchase Agreements:

There are certain purchases that may require the parties involved to discuss how they should go about in making the exchange. What's needed in such a situation is a proper purchase agreement and we have the templates needed for you to make one! So if you need to make a real estate purchase agreement, asset purchase agreement or even a vehicle purchase agreement, we have the template for it. So take this opportunity and download our high-quality templates today!

  • Construction Purchase Orders:

Most of the industries are involved in a business to business (B2B) transaction and the construction industry is not an exemption. With that, it is a standard that without the supplier, the consumer would not benefit and vice versa. So, if you happen to be a supplier of construction materials in a construction firm, then you would need a purchase order to know your consumer's needs. Make one now by downloading our Construction Purchase Order Template.

  • Purchase Contracts:

Want to own a professionally written purchase contract for setting terms and conditions for your company or organization? We have templates such as real estate agreement, home purchase contract, car purchase contract, and purchase contract. Get them now, hurry!

General FAQs

  • What are the 3 Types of Buyers?

  • What are the Key Goals of a Purchasing Team?

  • What does a Purchasing Officer Do?

  • What Does Purchase Order Bring?

  • What is a PO or Purchase Order Number?

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