Voucher Meaning in the Cambridge English Dictionary.
Submitted by, mC Harmonious on October 8, 2016.Create and share your own word lists and quizzes for free!Cambridge dictionaries haren kort knippen voordelen logo, follow us, english, contents.After the accounting department approves the invoice, all the source documents are placed in the voucher file and sent to the cashier for payment.The accounts to be charged to record the liability.
Vouchers are useful for maintaining a higher level of control over the payables process.
A voucher is an internal document describing and authorizing the payment of a liability to a supplier.
In this sense, a voucher is an internal control because it organizes all the proper source documents that required before a check can be written.My friends will vouch for.The amount to be paid, the date on which payment should be made.A voucher is created following the receipt of an invoice from a supplier.Home accounting Dictionary » What is a Voucher?The voucher file is sent to the shipping and receiving department, which receives the shipment, files a receiving report, and places the report in the file.To say that one is sure that something is fact or truth.
Also, vouchers are not used in the payroll process.
A voucher is not created when a liability has only been accrued (which is in the absence of a supplier invoice).
The purchasing department places an order for the inventory and puts both the purchase requisition document and the purchase order in the voucher file.
A voucher typically contains the following information: The identification number of the supplier.