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Procurement & Inwarding Subsystem

Automated 3-Way Matching, Vendor GRN & Purchase Control

Manage supplier quotations, procurement purchase orders, physical goods inward receipts (GRN), quality inspection rejections, and three-way invoice matching prior to payment disbursement.

3-Way Match
PO vs GRN vs Vendor Bill Verification
Quality QC
Tolerance Inspections & Inward Rejections
GSTR-2B Sync
Automated Input Tax Credit (ITC) Audit
Multi-Currency
Import Exchange Rates & Custom Duty Surcharge
Lifecycle Pipeline

The Complete Purchase & GRN Matching Workflow

Trace transactional steps from initiation to automated accounting posting and compliance generation.

1. Requisition
Departmental indents & stock minimums
2. Purchase Order
Vendor rates & delivery schedule
3. Goods Receipt (GRN)
Gate entry, weighment & inspection
4. 3-Way Verification
Quantity, price & tax reconciliation
5. Bill Booking
Vendor liability & ITC ledger entry
Inwarding & Control

Eliminate Overbilling, Shortages and Duplicate Vendor Invoices

JRC strictly enforces three-way matching between the original purchase order, gatekeeper goods receipt note (GRN), and the supplier tax bill before liabilities post to accounts payable.

  • Partial & Phased Inwarding

    Receive multiple partial consignments against a single purchase order with auto-adjusted pending balances.

  • Quality Control (QC) Quarantine

    Hold inward materials in quarantine until laboratory or dimensional inspection approves batch release into active inventory.

  • Landed Cost Capitalization

    Distribute freight, port handling, custom duties, and insurance across individual line items for true inventory valuation.

JRC Purchase Order and GRN 3-Way Matching interface showing invoice audit and vendor comparison
Automated 3-Way Reconciliation Workbench Audit Verified
Functional Depth

Procurement Governance Pillars

Engineered to handle operational edge cases, granular business rules, and multi-facility synchronization.

Vendor Matrices

Supplier Price & Lead Time Contracts

Maintain historical vendor price trends, negotiated rate lists, and delivery punctuality scorecards to select optimal suppliers.

Debit Notes

Automated Rejection Debit Notes

Generate instant GST-compliant debit notes for damaged goods or pricing discrepancies, debiting vendor balances with zero manual accounting.

Min/Max Indenting

Automated Purchase Requisitions

Auto-generate PO drafts when depot item stocks breach safety reorder levels, accounting for seasonal demand curves.

Payment Schedules

Early Payment Discount Capture

Track supplier credit terms (e.g. 2% 10 Net 30) to prioritize vendor payments and capture cash settlement discounts.

Cross-Module Synchronization

How Procurement Feeds Your Organization

Saving transactions in this module immediately updates all interconnected business functions.

➔ Stock Ledger

Inward Batch Balance Increase

Updates warehouse bin locations and item batch counts the exact moment quality inspection clears the GRN.

➔ Accounts Payable

Vendor Liability Creation

Posts balanced credit entries to the Supplier Ledger while recording eligible Input Tax Credit (ITC) under CGST, SGST, and IGST.

➔ Statutory GST

GSTR-2B Reconciliation

Matches vendor-uploaded invoices on the GST portal against recorded purchase bills to prevent unclaimed ITC leakages.

➔ Production & BOM

Raw Material Release

Alerts factory floor managers that awaiting raw components have arrived and are available for job order issue.

Technical Specifications

Purchase & Inwarding Technical Parameters

Underlying data schemas, tolerances, and reconciliation engines.

JRC PURCHASE & GRN MATCHING ENGINE PROTOCOL SPECIFICATION
Subsystem: Relational Enterprise Core | Version 10.4
Active Subsystem
Tolerance Rule Engine: Configurable percentage thresholds for allowable quantity variance and price fluctuation (e.g. ±2% weight tolerance on bulk grains).
Barcode Inward Labeling: Automated thermal barcode sticker generation upon GRN confirmation for immediate box/pallet tagging.
GSTR-2B API Matching: JSON batch comparison matching GSTIN, Invoice Number, Date, Taxable Value, and Tax Amount against government portal data.
Audit Trail Schema: Immutable change logs recording PO creator, approving manager, gatekeeper GRN timestamp, and QC inspector credentials.

Ready to Modernize Your Purchase & GRN Matching?

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