Classify Currency Voucher For Free

A voucher is a document used by a company's accounts payable department containing the supporting documents for an invoice. A voucher is essentially the backup documents for accounts payable, which are bills owed by companies to vendors and suppliers.

They are of two types: 1. Cash receipt voucher- It contains information about cash received in hand. 2. Bank receipt voucher- It contains information about cheque received, demand draft or any other mode.

Voucher. / (02c8va028at02830259) / noun. a document serving as evidence for some claimed transaction, as the receipt or expenditure of money. British a ticket or card serving as a substitute for casha gift voucher.

Any written documentation supporting the entries reported in the account books, indicating the transaction's accounting accuracy, can be referred to as a voucher. For example, a bill, invoice, receipt, salary and wages sheet, pay-in-slip counterfoil, cheque book counterfoil, or trust deed.

Foreign Currency Exchange Voucher means a voucher issued to record the details of foreign currency exchanges.

In other words, a voucher is a supporting document for an invoice received by the company. Once the voucher is issued, it means that the invoice's been checked, and it's been confirmed that it needs to be paid. The voucher authorizes the payment of the invoice in one lump-sum that will be written on the balance sheet.

The voucher is foreign when the transaction currency code is different from the base currency code; otherwise the voucher is domestic. Displays the currency code of the company that is assigned to the voucher. This is the domestic currency of the voucher.