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what is GRN ?

Answers were Sorted based on User's Feedback



what is GRN ?..

Answer / prabakar

GRN is nothing but Goods Received Note.

At the time of delivery from the supplier to the person who
orders the goods, the person will check the quantity and in
terms of quality.

He will ensure the ordered quantities are received without
any damage.

The store keeper will put the GRN only those goods which
were received at his counter.

Then the stores ledger will be Debited with GRN with
concerned material code and credit when it is given for
consumption

Is This Answer Correct ?    675 Yes 42 No

what is GRN ?..

Answer / guest

Hi,
Goods receipt note (GRN) packing for a goods receipt
materials and items (within a goods receipt) to be packed
for subsequent shipment to the remote location. Goods
movements are created in Materials Management and, where
necessary, reflected from a Profit Center Accounting point
of view via a special account determination.
goods receipt has the following functions:
* Quantities on the delivery note can be entered

The quantities can be entered exactly as they are on the
delivery documents, irrespective of whether they deviate
from the order quantities.
Goods Receipt is a Quality Manager role Monitoring the stock
in quality inspection and processing inspection lots for
goods receipts.
Monitoring inspections.
Making usage decisions and triggering corrective tasks.
Monitoring appraisal costs, nonconformity costs and
prevention costs.
Analyzing quality results.

* Order items can be assigned and arranged

The purchase order items are arranged to correspond with how
they are listed on the vendor’s delivery note, making
further processing easier.

Is This Answer Correct ?    166 Yes 56 No

what is GRN ?..

Answer / linu

GRN is GOODS RECEIPT NOTE.

Is This Answer Correct ?    127 Yes 22 No

what is GRN ?..

Answer / brajesh murkheria

GRN is nothing but Goods Received Note.

At the time of delivery from the supplier to the person who
orders the goods, the person will check the quantity and in
terms of quality.

He will ensure the ordered quantities are received without
any damage.

The store keeper will put the GRN only those goods which
were received at his counter.

Then the stores ledger will be Debited with GRN with
concerned material code and credit when it is given for
consumption

* Order items can be assigned and arranged

The purchase order items are arranged to correspond with how
they are listed on the vendor’s delivery note, making
further processing easier.

Is This Answer Correct ?    93 Yes 13 No

what is GRN ?..

Answer / shivgovindsingh

GRN means Good Received note Store keeper Responsibility
Check the Material and Received Without Damage And In the
Your In word Register and Stock Second copy Received With
seal Back to Sender I Think This is write answer

Is This Answer Correct ?    46 Yes 13 No

what is GRN ?..

Answer / dekchand sharma

GRN Means Goods Recieved Note. The seller Send the goods as per buyer purchase order. we recieve that good at GRN. I hope , it is correct ans.

Is This Answer Correct ?    36 Yes 16 No

what is GRN ?..

Answer / subbu

Goods receipt note

Is This Answer Correct ?    17 Yes 4 No

what is GRN ?..

Answer / yuvraj

Grn is a good receipt notes which is given by buyer to supplier after receiveing the goods whic includes list of goods received and purchase order number.

Is This Answer Correct ?    12 Yes 7 No

what is GRN ?..

Answer / yogesh saini

GRN is nothing but Goods Received Note At the time of delivery from the supplier to the person who
orders the goods, the person will check the quantity and in
terms of quality.

Is This Answer Correct ?    2 Yes 0 No

what is GRN ?..

Answer / jyouthi

good receive note ( GRN ). the supplier can check the material and receive with out any damage

Is This Answer Correct ?    3 Yes 2 No

Post New Answer

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Hi all see the problem is, suppose i sold goods to customer 10 units @ 120 & my COGS (cost of goods sold) is 100 per unit . After that he told me your quality is not good ok & u r charging high 4 that i will pay you only 110 rs for that otherwise i will return ur goods. After that i made 1 credit memo 4 that of rs 10 ok. now the issue is it is also affecting the COGS but it has to remain same And will effect at profit & my profit must be reduced from 20 rs per unit to 10rs per unit & COGS must remain constant i.e is 100 rs

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