Goods Receipt Note
GRN or Goods Received Note is a note or receipt used by the customer to check or validate the delivered goods .It is a verification note filled up by the customer at his end. To some extent, GRN is a type of Pay Order before the order confirmation is sent. Goods Receipt Note is a record of goods from the customer that he has received from the vendor . After order confirmation, Pay Order is sent by the customer to the vendor. Then Order Delivery note is issued by the vendor along with dispatching the requisite commodity.
GRN help you realize your available inventory. It helps you to plan your further requirements & to plan accordingly for further purchase of materials from your vendor.
GRN is considered as the Delivery Proof. That means it assures that x amount is successfully delivered at the client end. Thus GRN brings a great sense of responsibility for the involved logistics, vendor and customer.
Since, GRN is considered as the Delivery Proof, the integrity and consistency of information is maintained. That leads to smooth flow of overall operations in an organization.
GRN keep complete details about a particular date when the product was delivered complete list of items and its quantity. That helps the organization Streamline the whole process.
Since GRN keeps the track of all the product transitions, it helps the organization to keep all inventory process on systematic track.
Financial Department of any sizeable firm can use GRN to compare the list of good supplied by the supplier against the order placed by the customer.
Benefits SalesBabu Inventory Management: GRN
SalesBabu Online Inventory Management: Goods Receipt Note
In SalesBabu Online inventory management software, GRN helps in maintaining and automating the inventory stock, how much is available in stock, how much rest is needed. Online Goods Receipt Note is prepared by the warehouse department which is a checklist against the product received from the particular supplier. The smaller firms may have just one copy of GRN, but large scale companies keep its one copy at the warehouse and the other is sent to its Finance department for further validation. Online software makes the work easier.