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What is Good Received note?

Updated: 9/16/2023
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9y ago

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A Goods Received note is a document that is given when goods are taken into a company, store, or business. This is often a checklist to review before payment is made for the goods that have been received.

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9y ago
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12y ago

The purpose of using a goods received note is to confirm that all of your goods have been delivered and received by the buyer. Before payment is issued, it can be compared to a purchase order.Goods Received: Debit Stock Credit Goods Received Invoice Received: Debit Goods Received Credit Trade Payables Result: Debit Stock (Asset) Credit Trade Payables (Liability)

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