Pls. give thorough understanding of Purchasing documents like PO / PR/ MRN / GRN / invoice / bill / others if any
including who gives to whom, how many copies and there tracking in accounts deptt.
Thanks!
anant mantri (a) (93 Points)
15 April 2016Pls. give thorough understanding of Purchasing documents like PO / PR/ MRN / GRN / invoice / bill / others if any
including who gives to whom, how many copies and there tracking in accounts deptt.
Thanks!
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 16 April 2016
PO -Purchase Order - Intender to Supplier
PR- Purcase Request - Required Departments viz., Production,QC etc to Purchase Dept
MRN/GRN - Material/Goods Receipt Note - will be issued by Stores Department on receipt of goods to Suppler copies to Accounts/Purchase Dept to reqularise the same
Invoice/Bill - Purchase Invoice.Bill for the procurement of Materials
- Sales Invoice/Bill for the Materials sold - it may be either by Cash or Credit
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