Updated on January 21, 2024A voucher is a document that authorises a recipient to claim a benefit or special offer. It typically contains a unique code or serial number that is redeemed against the offer.
What do you mean by a voucher in accounting?
In accounting, a voucher is a document that authorizes or confirms a transaction, such as payment or expense, and serves as a record for future reference.
What is an example of a voucher?
An example of a voucher is a payment voucher, which documents details of a payment made, including date, amount, and purpose.
Is a voucher the same as a payment?
No, a voucher is not the same as a payment; it is a document that authorizes or records a payment.
What is the difference between an invoice and a voucher?
An invoice is a request for payment sent to a customer, while a voucher is an internal document that verifies and records a payment made.
What is a voucher in Tally?
In Tally, a voucher is a digital record of a transaction. Various types, like sales, purchase, and payment vouchers, help categorize and track transactions.
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