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What does voucher mean in accounting

what does voucher mean in accounting

a kind of "voucher book token (a gift voucher that can be exchanged for books costing up to an amount given on the voucher) luncheon voucher ;. Hence, vouchers are prepared for other disbursement transactions like cash purchases, payment of payroll, replenishment of petty cash and other funds, payment of debts and other obligations, and even payment of dividends. This check is then recorded in the check register. Your signature authorizes the amount indicated.

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Verzilveren van vouchers

Classified under: Nouns denoting people, synonyms: verifier ; voucher, hypernyms voucher" is a kind. Want sunny cars voucher to learn more? Adam Colgate, accounting Practices Needed When Starting. document ; papers ; written document (writing that provides information (especially information of an official nature) Meaning: A negotiable certificate that can be detached and redeemed as needed Classified under: Nouns denoting communicative processes and contents Synonyms: coupon ; voucher Hypernyms voucher" is a kind. To unlock this lesson you must be a m Member. Read on to learn more about the voucher and voucher entry in accounting, how a voucher system works and the benefits of having a voucher system in the organization. A document that serves as evidence of some expenditure. View Our Course Outline. This document is typically prepared by the accounts payable department after receiving the supplier's invoice. Meaning: A document that serves as evidence of some expenditure. Once approved, the voucher is recorded in the voucher register. Once the due date comes near, a disbursement check is prepared by an authorized personnel.

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