Goods Receipt Note Definition & Example in Excel Format
Goods Receipt Note (GRN):-
This is an ERP generated document which is prepared on receipt of every consignment. The Receiving store enters the details of material received from vendors to update the inventory records. The GRN is prepared in relation to an open purchase order in ERP.
Goods Receipt Note (GRN):-
This is an ERP generated document which is prepared on receipt of every consignment. The Receiving store enters the details of material received from vendors to update the inventory records. The GRN is prepared in relation to an open purchase order in ERP.
This document forms the genesis for inventory and payables accounting in ERP.
why price collumn in GRN
ReplyDeleteStore personnel must not be aware of value of goods
I agree with you Mian that Store personnel should not be aware of value of goods, but it depends upon company to company. Again you can see here that the above format can be used as supplier copy as well as record copy for accounts / Finance Dept.
ReplyDeleteFurther if company donot want their store personnel to know the Price, they can simply hide the "Price" Column.
Thanks Alot Neetu for sharing. - Sen gupta
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