Tuesday, April 29, 2014

ACCOUNTS VOUCHERS

VOUCHERS IS AN EVIDENCE OF TRANSACTIONS MADE. IT'S SHOW NATURE OF TRANSACTIONS.

TYPES OF VOUCHER

CONTRA VOUCHER : 
FOR TRANSFER OF MONEY FROM CASH/BANK ACCOUNT TO ANOTHER

PAYMENT VOUCHER : 
FOR MAKING PAYMENT IN CASH OR THROUGH BANK ACCOUNT

RECEIPT VOUCHER :
ON RECEIPT OF MONEY IN CASH OR THROUGH BANK ACCOUNT

JOURNAL VOUCHER :
FOR MAKING ACCOUNTING ADJUSTMENTS OTHER CASH/BANK TRANSACTIONS

SALE VOUCHER :
FOR MAKING SALES TRANSACTIONS IN CASH OR IN CREDIT 

PURCHASE VOUCHER :
FOR MAKING PURCHASE TRANSACTIONS IN CASH OR IN CREDIT

DEBIT NOTE :
FOR MISCELLANEOUS DEBIT TO CUSTOMER/SUPPLIER ACCOUNT

CREDIT NOTE :
FOR MISCELLANEOUS CREDIT TO CUSTOMER/SUPPLIER ACCOUNT

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