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Purchase Requisition and Purchase Order Template (Incoterms 2020)

Requisition with sourcing route and approvals, PO header and lines, delivery terms, Incoterms rule, key terms of purchase, error checklist

खरीदमानकICC Incoterms 2020 (rule names only)purchaserequisition
एडिटर में खोलें.md डाउनलोड करें

उपयोग कैसे करें: Use it to design or audit the requisition and purchase order forms, or to raise one by hand. Fill the sourcing route and approval in the requisition first, then the PO lines and delivery terms. The main pitfall is a PO raised after the invoice, which defeats the approval control.

प्रीव्यू

Purchase Requisition and Purchase Order: [Requisition or PO number]

Two linked forms: the internal purchase requisition that asks for approval to buy, and the purchase order (PO) that commits the organisation to a supplier, with line items, delivery terms, Incoterms rule where goods cross borders, and the key terms of purchase. Delivery terms use rule names from ICC Incoterms 2020 (in force since 2020-01-01, the current edition listed by ICC on 2026-10-30). Replace every [bracketed] value and every row marked Example. This is a documentation format, not legal advice: check the current official text and a qualified professional.

Document control

FieldValue
Form ID[FRM-PO-NNN] Example: FRM-PO-002
Version[1.0]
Owner[@head-of-procurement]
Terms of purchase version[TOP v3.1, YYYY-MM-DD]
System of record[ERP purchasing module]
Last updatedYYYY-MM-DD
Classification[Internal; PO shared with supplier]

Revision history

VersionDateAuthorChange summary
0.1YYYY-MM-DD[@name]First draft
1.0YYYY-MM-DD[@name]Example: Incoterms field and delivery schedule added

Part A. Purchase requisition

A1. Requester and budget

FieldValue
Requisition number[PR-YYYY-NNNNNN] Example: PR-2026-011547
Date raisedYYYY-MM-DD Example: 2026-10-27
Requester[@name, department] Example: [@planner], Production planning
Entity and cost centre[Entity, cost centre] Example: Corvanna Instruments Ltd, CC-4100 Assembly
Budget line and remaining budget[Line, amount]
Need-by dateYYYY-MM-DD Example: 2026-11-20
Business reason[Why this is needed now] Example: Housings for the Q1 2027 production plan of the AX-4 analyser

A2. Sourcing route

QuestionAnswer
Existing contract or framework covering the need?[Yes, contract ID / No] Example: Yes, CTR-001 supply agreement
Total contract value band under the procurement policy[A / B / C / D]
Competition evidence[Quotes attached, tender reference, or single-source justification ID] Example: Not needed: call-off under CTR-001, awarded after tender TND-2024-007
Preferred supplier and supplier number[Name, number] Example: Ostrelby Castings Ltd, SUP-10233
Supplier onboarded and risk tier current?[Yes, tier, review date] (procurement/supplier-onboarding-due-diligence)
Personal data, system access or on-site work?[Yes or no; if yes, contract and DPA reference]

A3. Lines requested

LineItem or serviceQuantityUnitEstimated unit priceEstimated line valueGL account
10 (Example)HSG-220 machined housing, drawing rev C400EachGBP 38.75GBP 15,500.005010
20 (Example)HSG-310 cast housing, drawing rev B250EachGBP 52.40GBP 13,100.005010
30 (Example)Tooling modification for HSG-3101LotGBP 2,400.00GBP 2,400.001650
Total (excl. VAT)GBP 31,000.00

A4. Approval

StepApproverDecisionDate
Budget holder[@name][Approved / Rejected]YYYY-MM-DD
Additional approver per DoA (if above limit)[@name][Approved / Rejected]YYYY-MM-DD
Procurement check (route, supplier, terms)[@buyer][Released to PO]YYYY-MM-DD

Example: GBP 31,000.00 is a call-off under an awarded contract, so no new competition is needed; the budget holder approves within the call-off limit in the delegation of authority matrix and procurement releases the PO.

Part B. Purchase order

B1. Header

FieldValue
PO number[PO-YYYY-NNNNNN] Example: PO-2026-004812
PO dateYYYY-MM-DD Example: 2026-10-28
Buyer entity, address and tax number[Legal name, registered address, VAT or tax ID]
Supplier, address and supplier number[Legal name, address, number] Example: Ostrelby Castings Ltd, SUP-10233
Buyer contact[@buyer, email, phone]
Governing terms[Contract ID, or the terms of purchase version] Example: Supply agreement CTR-001; where silent, Corvanna terms of purchase v3.1
Currency[GBP / EUR / USD]
Payment terms[Net 30 days from receipt of valid invoice]
Invoice to[AP mailbox or e-invoicing ID]; quote the PO number on every invoice

B2. Lines

LineSupplier part or serviceDescriptionQuantityUnitUnit priceLine valueDelivery dateShip to
10 (Example)OC-HSG220CHSG-220 machined housing, drawing rev C400EachGBP 38.75GBP 15,500.002026-11-18Goods-in, Kestrel Road site
20 (Example)OC-HSG310BHSG-310 cast housing, drawing rev B250EachGBP 52.40GBP 13,100.002026-11-18Goods-in, Kestrel Road site
30 (Example)OC-TOOL-310Tooling modification, HSG-310, first article inspection report required1LotGBP 2,400.00GBP 2,400.002026-11-11Supplier site (tool stays with supplier)
SummaryAmount
Subtotal (excl. VAT)GBP 31,000.00 (Example)
VAT at [20%]GBP 6,200.00 (Example)
TotalGBP 37,200.00 (Example)

B3. Delivery terms and Incoterms rule

FieldValue
Incoterms rule and named place[Rule, precise place, "Incoterms 2020"] Example: Domestic delivery, not applicable. For an import the line would read "FCA [named place], Incoterms 2020"
Delivery window[Earliest and latest acceptable date] Example: 2026-11-16 to 2026-11-18
Partial deliveries[Allowed / Not allowed]
Packaging and labelling[Standard, labels with PO and line number]
Documents with delivery[Delivery note, certificate of conformity, inspection report]
Inspection and acceptance[Incoming inspection within N working days]

The eleven Incoterms 2020 rules, named only (ICC publishes the rule text; obtain it from ICC):

ModeRules
Any mode of transportEXW, FCA, CPT, CIP, DAP, DPU, DDP
Sea and inland waterway onlyFAS, FOB, CFR, CIF

Incoterms rules deal with delivery, risk transfer, costs and customs formalities between seller and buyer. They do not decide title, payment or remedies for breach; those come from the contract and terms of purchase. For shipments, see Shipment Booking Instructions (logistics/shipment-booking-instructions).

B4. Key terms of purchase

TermSummary
Order of precedenceSigned contract, then this PO, then terms of purchase; supplier terms on quotes or delivery notes do not apply
AcceptanceThe supplier accepts by written acknowledgement within [2] working days or by starting performance
ChangesOnly by a PO amendment issued by procurement
Warranty[Period] from acceptance; goods conform to drawings and specifications
PriceFixed for this order; no surcharges unless the contract allows them
ComplianceSupplier Code of Conduct (procurement/supplier-code-of-conduct), sanctions and export control laws
ConfidentialityDrawings and specifications are confidential and returned on request
Cancellation[Terms for cancellation before dispatch]

B5. Supplier acknowledgement

FieldValue
Acknowledged by[Name, role]
DateYYYY-MM-DD
Confirmed delivery date per line[Dates]
Exceptions raised[None, or list]

Lifecycle

Each step is done by a different role, so no single person can raise, approve, receive and pay for the same order.

Common errors checklist

  • PO dated after the invoice (retrospective order)
  • Several POs to the same supplier on the same day just below an approval threshold (split order)
  • Free-text lines with no unit of measure or quantity
  • Incoterms rule without a named place, or an old edition cited
  • Ship-to address missing or a person's home address
  • Supplier not onboarded, or bank details unverified
  • Contract expired (check procurement/contract-register)

Glossary and references

TermMeaning
RequisitionInternal request to buy, approved before any commitment
Purchase orderBuyer's formal order to a supplier, which becomes a contract on acceptance
Call-offOrder placed under an existing framework or supply agreement
Named placeExact location that, together with the Incoterms rule, fixes where delivery and risk transfer happen
ReferenceVersion or dateURL
ICC Incoterms rulesIncoterms 2020, in force 2020-01-01, listed by ICC as the most recent version (checked 2026-10-30)Official text: ICC, purchase or licensed access: https://iccwbo.org/business-solutions/incoterms-rules/

Standard and licence note

Based on common purchasing practice. Incoterms is a trademark of the International Chamber of Commerce; Incoterms 2020 rule names are cited only and no rule text is reproduced. Corvanna Instruments, Ostrelby Castings and all figures are fictional. The text is original and is not legal advice. Template licence: MIT.

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