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GOODS RECEIVED NOTE

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Description

Goods Received Note (GRN)

A Goods Received Note (GRN) is an essential document used in inventory and supply chain management to formally acknowledge the receipt of goods from suppliers. It serves as a record confirming that the ordered products have been delivered, inspected, and accepted according to the purchase order specifications.

The GRN includes details such as the supplier’s name, delivery date, quantity and description of goods received, condition upon arrival, and any discrepancies or damages noted. This document plays a critical role in verifying shipments, facilitating payment processes, and maintaining accurate inventory records.

Key Features:

  • Confirms receipt of goods against purchase orders

  • Details quantity, description, and condition of delivered items

  • Helps track and resolve discrepancies or damages

  • Supports inventory accuracy and stock management

  • Facilitates supplier payment and audit processes

  • Used by warehouse, procurement, and finance teams

Usage:
Completed by the receiving department upon delivery inspection. Shared with purchasing and accounts teams to ensure accurate documentation and payment processing.

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