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Hi sir, the purpose of sending a copy of the GRN to the finance department is to ensure that
– Invoices have been received for goods received and
– suppliers are paid on a timely basis and any early settlement discounts are taken advantage of.
Am i right sir ?
GRNs are sent to finance as evidence that the goods have been received. Invoices will be matched to GRNs andalso often to purchase orders.
Payments are made on the basis of invoices not GRNs. It will be the invoice date/payment date that determine if a discount is available.