Goods receipt note (GRN)
A goods receipt note (GRN) is a digital or physical document generated in D365 at the point of receipt that acknowledges that items listed on a purchase order have arrived. It serves as the primary evidence for the accounts payable team to reconcile invoices against received quantities.
Why is the goods receipt note (GRN) critical for D365 inventory reconciliation?
The goods receipt note (GRN) acts as the source of truth for the physical inspection and acceptance of inbound goods. Without an accurate goods receipt note (GRN), your accounts payable team cannot verify that the quantities billed by the vendor match what was actually received, leading to payment discrepancies and potential vendor disputes. In highly automated environments, the generation of the goods receipt note (GRN) often triggers automatic financial posting. Ensuring these documents are processed correctly is essential for maintaining a clean audit trail and is a key focus area during any Dynamics 365 audit.
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