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The purpose of a payment voucher is to allow a person to pay for something without actually using currency. The voucher has no direct cash value but can be directly exchanged for goods or services where honored.

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11y ago

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Purpose of using Payment Voucher and Receipt voucher in Financial Transactions?

The main purpose of using a payment voucher and receipt voucher in financial transactions is proof that a payment has been made and received. This provides both parties with documents that prove that a transaction took place.


What is the purpose of certifying a DTS voucher or local voucher?

To allow payment of claimed expenses.


What is the purpose of a payment voucher in an organisation?

The purpose of a payment voucher is to allow a person to pay for something without actually using currency. The voucher has no direct cash value but can be directly exchanged for goods or services where honored


What is the primary purpose of certifying a DTS voucher or local voucher?

To allow payment of claimed expenses.


What is the meaning of payment voucher?

payment voucher


how do I get a 1040V payment voucher?

how do I grt a 1040V payment voucher?


Payment voucher form?

Printed payment voucher Form D-400V


What is a cash voucher?

A cash voucher is an evidence of the payment made


What means payment-Ryanair vouchers?

voucher payment


What is the difference between receipt voucher and payment voucher?

Receipt voucher would be for the other person paying it, to say you received it. Payment Voucher would be for your side, where you're the one paying. To show a debit..


What is voucher system of accounting?

Voucher system is used for the payment of bills properly, is called voucher system.


Types of voucher?

classification of voucher supporting voucher accounting voucher internal voucher external voucher cash voucher non-cash voucher debit voucher credit voucher (cash payment) (cash receipts)