What are the features of lpo local purchase order?

A Local Purchase Order (LPO) typically includes features such as a unique order number for tracking, details of the buyer and supplier, a description of the goods or services being procured, quantities, and agreed prices. It may also specify delivery terms, payment conditions, and any applicable taxes or discounts. Additionally, an LPO serves as a legally binding document that confirms the buyer's commitment to purchase and the supplier's obligation to deliver.