Accounting Vouchers
- Receipt voucher (F6)
- Payment voucher (F5)
- Contra voucher (F4)
- Purchase voucher (F9)
- Sales Voucher(F8)
- Debit Note voucher (Ctrl+F9)
- Credit Note voucher (Ctrl+F8)
- Journal voucher (F7)
1. Receipt Voucher: When the business owner brings some capital into the business through Cash or from Bank, or any Payment/Advance received from a from debtors by sales invoice or any money receive in account. These types of transactions will be records in Receipt voucher.
2. Payment Voucher: If the payment made by any company through the Bank or Cash these types of transactions will be records in Payment voucher.
3. Contra Voucher: When a person deposits amount into bank or withdraw cash from a bank or transfer amount from one account to another account. These types of transaction will recorded in contra voucher.
4) Purchase Voucher: Buying Goods for sale or Raw material for manufacturing purpose, These types of entries will be recorded in purchase voucher.
5) Sales Voucher: When purchased goods/materials Sales by credit/cash these types of transaction will be recorded in Sales voucher.
6) Debit Note Voucher: If Customer returns goods for any reason it will be called purchase return. And These types of Transaction will Records in Debit note voucher in customer side.
7) Credit Note Voucher: If Customer returns goods for any reason to supplier it will be called sales return to the supplier and this will be records in credit note voucher by supplier side.
8) Journal Voucher: The entries which will be not able to record in above vouchers those entries will be enter into journal voucher. There are different types of entries in journal voucher for example: Opening entries, closing entries, adjustment entries etc.
All vouchers will be explained deeply with examples in next post.