Business OS
Finance & AccountingAccounting

Confirmation of Purchase Agreement

This Confirmation of Purchase Agreement serves to officially document and confirm the terms and conditions of a purchase agreement previously entered into between a buyer and a seller. It is used to formalize the understanding and agreement on the sale of goods or services, ensuring both parties have a clear record of the transaction details.

Updated 1d ago
purchase agreementconfirmationsalescontractgoodsservicesbusiness

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date and Reference

Date: {{date}}

Our Reference: {{our_reference_number}}

Your Reference: {{your_reference_number}}

Seller Information

Seller Name: {{seller_company_name}}

Seller Address: {{seller_company_address}}

Contact Person: {{seller_contact_person}}

Email: {{seller_contact_email}}

Phone: {{seller_contact_phone}}

Buyer Information

Buyer Name: {{buyer_company_name}}

Buyer Address: {{buyer_company_address}}

Contact Person: {{buyer_contact_person}}

Email: {{buyer_contact_email}}

Phone: {{buyer_contact_phone}}

Subject

Confirmation of Purchase Agreement for {{item_description}}

Agreement Confirmation

This letter serves to confirm the purchase agreement entered into between {{seller_company_name}} (the "Seller") and {{buyer_company_name}} (the "Buyer") on {{agreement_date}} for the purchase of the goods/services detailed below:

Description of Goods/Services

Item/Service: {{item_name}}

Quantity: {{quantity}}

Unit Price: {{currency}}{{unit_price}}

Total Price: {{currency}}{{total_price}}

Product/Service Description: {{detailed_description}}

SKU/Part Number: {{sku_number}}

Payment Terms

Total Purchase Price: {{currency}}{{total_purchase_price}}

Payment Method: {{payment_method}}

Due Date: {{payment_due_date}}

Advance Payment (if applicable): {{currency}}{{advance_payment_amount}} paid on {{advance_payment_date}}

Payment Schedule (if applicable): {{payment_schedule_details}}

Bank Details for Transfer: Account Name: {{bank_account_name}}, Account Number: {{bank_account_number}}, Bank Name: {{bank_name}}, SWIFT/BIC: {{swift_bic}}

Delivery/Service Terms

Delivery Method: {{delivery_method}}

Delivery Address: {{delivery_address}}

Expected Delivery/Service Date: {{expected_delivery_date}}

Shipping/Handling Costs: {{currency}}{{shipping_costs}}

Incoterms (if applicable): {{incoterms}}

Warranty and Returns

Warranty Period: {{warranty_period}}

Warranty Details: {{warranty_details}}

Return Policy: {{return_policy_details}}

General Provisions

This Confirmation of Purchase Agreement, together with the original purchase agreement dated {{agreement_date}}, constitutes the entire agreement between the parties and supersedes all prior discussions, negotiations, and agreements.

Any amendments to this agreement must be made in writing and signed by both parties.

This agreement shall be governed by and construed in accordance with the laws of South Africa. Any disputes arising under or in connection with this agreement shall be subject to the exclusive jurisdiction of the South African courts.

Signatures

AGREED AND CONFIRMED BY:

For and on behalf of {{seller_company_name}}:

_____________________________

Name: {{seller_signatory_name}}

Title: {{seller_signatory_title}}

Date: {{seller_signature_date}}

For and on behalf of {{buyer_company_name}}:

_____________________________

Name: {{buyer_signatory_name}}

Title: {{buyer_signatory_title}}

Date: {{buyer_signature_date}}

Related templates