What is Goods Receipt?

GRN

Definition

Confirmation that ordered goods have been received, updating stock.

In depth

It closes the loop between ordering and inventory. EazyCXM posts stock movements on receipt per warehouse.

Inventory & Ops

Related terms

More on Inventory & Ops

SKU

A unique code identifying a distinct product or variant for tracking.

Stock Ledger

A running record of every stock movement that derives current quantities.

Back Order

An order for an item that is currently out of stock, to be fulfilled later.

Cycle Count

Counting a subset of inventory regularly to keep records accurate without a full stocktake.

Goods Receipt, made practical

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