Chapter 3. Voucher
Voucher Maintenance
A voucher consists of a set of account transactions related to each other by an accounting movement. There can be as many account transactions as one wishes within a voucher. However , the voucher must be balanced before the program can accept and save it.
Procedures [General Voucher], [Receivable Voucher] and [Payable Voucher] are used to input General , Receivable and Payable vouchers respectively. Receivable vouchers are created whenever an invoice, a debit note or a credit note is issued to your customer . Data from the receivable vouchers will be used in the Accounts Receivable Report.
Likewise, payable vouchers are created whenever an invoice , a debit note or a credit note is received from the supplier . Data from the payable vouchers will be used in the Accounts Payable Report.
For those vouchers that cannot be classified as either receivable or payable vouchers , they are general vouchers.
The settlement of a receivable voucher of payable voucher is by preparing a general voucher instead of a payable or receivable voucher.
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