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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Goods Received Note
Hi sir, I just want to clarify something.
Once a company receives the goods it has ordered, A sequentially numbered goods received note (GRNs) should be completed by the warehouse department right ?
What is the purpose of sending a copy of the GRN to the finance department ?
Is it to keep them aware that the goods have been received so that they don’t panic when they receive an invoice from the supplier for payment ?
The GRN is needed in the finance department to tell them the goods have been received. Invoices should not be paid if goods have not been received.