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
- 20529 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vikas khambekar
1. When goods are inward in the company stores then GRN raised.
2. The purpose is to close the open PO & pass the bill to release the payment.
| Is This Answer Correct ? | 30 Yes | 2 No |
Answer / bidduth
1. GRN stand for Goods Received Note.
2. It is made by store or warehouse personnel.
3. GRN (s) made based on Invoice (S) and physical receiving (considering the quality and quantity of goods)of goods.
| Is This Answer Correct ? | 10 Yes | 4 No |
Answer / 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 |
What is the most important part of your job ?
I have had a Accounting experience more than 20 year in General Accounting, Traveling & Tourism, and Air lines. Can I change my Job from Accountant to Auditor- Please give me right advise.
Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com
Describe the steps of an audit ?
What is the difference between internal audit and statutory audit?
depreciation rate for computer software
1.is tds compulsory for commission paid on sales.2.if tds return for is submited for the interest paid on unsecured loans,what should be done.
What are reasons for giving credit note and sales return to customers?
what is inventory and how can manage the inventory. what is ledger and what difference in inventory and ledger.
How do you audit derivatives?
Tell me that how I can evaluate the internal control audit?
what is stock dividend?
5 Answers Chartered Accountant, Franklin Templeton, IHP,
Audit 
