Interested to Buy Any Domain ? << Click Here >> for more details...
1. When is GRN raised?
2. what is the purpose of matching open PO listing against
GRIR account?
- 3 Answers
- 20530 Views
- I also Faced
- E-Mail Answers
Answer Posted / zeeshan arif
GRN means Good Received Note. It is raised when the goods are received by the entity/ store/ warehouse personnel as and when the goods are actually received. It may or may not be with the invoice but not necessarily raised at the time the invoice is received by the entity.
Its main purpose is to match the goods with the ones as ordered in the Purchase Order (PO), with the same quantity and specification, so that when the invoice is received, the payable function of the entity can make the payment to the vendor, knowing that the goods have been received.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
What are documents need to vouch while doing sales vauching?
What was your most rewarding accomplishment of your career and why
promotions of a new apointed auditor in cgda.
How does an internal audit differ from an external audit?
what is audit & activities of auditor?
How can scope of internal audit help you?
What is the mean of internal audit?
central excise all question
How can i disable closing stock in trial balnce in tally?
What is mean by error of submission? can u plz provide notes on this?
what is the PRPOER way of accounting salaries ETF EPF
Do you know the different types of audits?
Explain the difference between internal audit and external audit?
What are the importance of internal audit to the organization?
Define decommission liability?
