Hi,
Please let me know how Goods Received Note (GRN) be cancelled?
Thanks in advance.
Regards,
Tenny Thomas
Tenny Thomas (Technical Associate) (87 Points)
25 August 2011Hi,
Please let me know how Goods Received Note (GRN) be cancelled?
Thanks in advance.
Regards,
Tenny Thomas
Rakesh
(Executive- Commercial & CMA final student)
(179 Points)
Replied 25 August 2011
Hi,
U just need to reverse the entry..
Vendor A/c Dr.
To Purchase Returns a/c...
Ravindra
(Article Assistant)
(44 Points)
Replied 25 August 2011
When goods comes the following entry made with movement code 101 Store & Cons. Account Dr
To GR/IR A/c
& cancel with movement code 102 by reversing the above entry
farhan
(Article Assistant)
(48 Points)
Replied 27 March 2012
Kindly tell me whether GRN is to be prepared for Receiving Assets....
Please respond back...