Categorize Payment Voucher For Free

They are:Debit or Payment voucher.Credit or Receipt voucher.Supporting voucher.Non-Cash or Transfer voucher (Journal voucher)Jan 5, 2022

Types of VoucherPrimary Voucher 2212 Original copy of written supporting document is called primary voucher. Like purchase Bill, cash memo, pay-in-slip, etc.Collateral Voucher 2212 Copies of supporting documents which are not available in original are collateral voucher like duplicate or carbon copy of sale invoice.

By voucher payment request or voucher requisition we will mean any request for payment submitted to Accounts Payable (A/P) that has not been processed through and assigned a purchase order (PO) number by the Purchasing Office.

Journal vouchers record accounting events that cannot be recorded on any other MARS document; they can be used to close accounts, move money, adjust balances.For example, a payment voucher may reference a purchase order and clear the encumbrance created by the purchase order.

The preparation of vouchers includes various supporting documents, which are as follows:The invoice that the supplier receives from the firm.The details of the supplier like name, address and contact number.The details of the payment like the amount, discounts or the due date of payment.More items...

The total amount of all the vouchers that have outstanding balances owed are recorded as accounts payable on the balance sheet. Once the voucher has been paid, the proof of payment is included in the voucher and recorded as a paid voucher.

There are three types of voucher : Debit Voucher (Payment Voucher) Credit Voucher (Receipt Voucher) Transfer Voucher.