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A voucher is essentially the backup documents for accounts payable, which are bills owed by companies to vendors and suppliers. Documents in a voucher can include the supplier's invoice, amount owed, due date, general ledger accounts, and shipping receipts.

Payment vouchers consist of a purchase order, shipping receipt, and invoice. They are prepared by the accounting department, which matches a supplier's invoice with an order of purchase and the receiving report. A voucher typically contains the payee's name, purchase amount, invoice date, and the supply's due date.

A purchase voucher is generated at the time of purchasing goods or services, documenting the purchase details, while a payment voucher is created when making a payment to the supplier, recording the payment details.

A voucher is a document that shows the details of a transaction for any goods that have been purchased or any service that has been rendered. It can be said to be a written document that supports the entries made in the record books that helps in verifying the accuracy of the transactions.

A voucher is a bond of the redeemable transaction type which is worth a certain monetary value and which may be spent only for specific reasons or on specific goods. Examples include housing, travel, and food vouchers.

Components of a Voucher The identification number of the supplier. Type of voucher. Debit column. Credit column. The amount payable in figures and words. The date of payment. The accounts payable for recording the liability. Any valid early payment discounts.

A voucher statement is a summary page detailing all cheques and credit slips that have passed through an account over a set period of time (usually in line with when statements are generated e.g. monthly or quarterly).

A voucher usually contains the following information: Supplier identification number. The amount payable. The date on which payment will be made. The accounts payable to record the liability. Any valid early payment discount terms. The approval signature or stamp.