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Points of Purchase Ismael Jersey, Inc. The Newsletter of the Institute for Supply Management New Jersey, Inc. April 2016 Vol. 15, No. 4 April Breakfast Meeting Wednesday, April 13, 2016 15 Mountain

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What is points of purchase?

Points of purchase refer to the physical location where a transaction takes place between a buyer and a seller.

Who is required to file points of purchase?

Retailers, wholesalers, and distributors are required to file points of purchase.

How to fill out points of purchase?

Points of purchase can be filled out manually or using a software program that tracks sales transactions.

What is the purpose of points of purchase?

The purpose of points of purchase is to track sales transactions for tax and accounting purposes.

What information must be reported on points of purchase?

Information such as the date of purchase, description of items sold, quantity, price, and the payment method must be reported on points of purchase.

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