2. INTRODUCTION
BUSINESS TRANSACTIONS ARE USUALLY
EVIDENCED BY AN APPROPRIATE DOCUMENTS
SUCH AS CASH MEMO,INVOICE,SALES BILL,PAY-
IN- SLIP,CHEQUE,SALARY SLIP,ETC .A DOCUMENT
WHICH PROVIDES EVIDENCE OF THE
TRANSACTIONS IS CALLED THE SOURCE
DOCUMENT OR VOUCHER.ACCONTING
VOUCHERS MAY BE CLASSIFIED AS CASH
VOUCHERS,DEBIT VOUCHERS,CREDIT
VOUCHERS,JOURNAL VOUCHERS,ETC
3. TRANSACTION VOUCHER
A TRANSACTION WITH ONE DEBIT AND ONE
CREDIT IS A SIMPLE TRANSACTION AND THE
ACCOUNTING VOUCHERS PREPARED FOR SUCH
TRANSACTION IS KNOWN AS TRANSACTION
VOUCHER
4. TRANSACTION VOUCHERNAME OF THE FIRM:
VOUCHER NO: :
DATE :
DEBIT ACCOUNT :
CREDIT ACCOUNT :
AMONT( RS ) :
NARRATION :
AUTHORISED BY: PREPARED BY:
5. COMPOUND VOUCHER
VOUCHER WHICH RECORDS A TRANSACTION
THAT ENTAILS MULTIPLE DEBIT/CREDIT IS
CALLED COMPOUND VOUCHER. COMPOUND
VOUCHER MAY BE
DEBIT VOUCHER
CREDIT VOUCHER
6. DEBIT VOUCHER
NAME OF THE FIRM:
VOUCHER NO :
CREDIT ACCOUNT :
AMOUNT : DATE:
S.NONAR
RATION
CODE ACC’NO AMOUNT NARRATI
ON
AUTHORISED BY: PREPARED BY:
7. CREDIT VOUCHER
NAME OF THE FIRM:
VOUCHER NO: DATE:
DEBIT ACCOUNT:
AMOUNT:
AUTHORISED BY: PREPARED BY:
S.NO CODE ACC.NO AMOUN
T
NARRAT
ION(EXP
LANATI
ON)
8. COMPLEX VOUCHER ORJOURNAL
VOUCHER
TRANSACTIONS WITH MULTIPLE DEBIT AND
MULTIPLE CREDITS ARE CALLED COMPLEX
TRANSACTIONS AND THE ACCOUNTING
VOUCHER PREPARED FOR SUCH TRANSACTIONS
IS KNOWN AS COMPLEX VOUCHER ORJOURNAL
VOUCHER
9. JOURNAL VOUCHER
NAME OF THE FIRM:
VOUCHER NO:
DATE:
DEBIT ACCOUNT
S.NO CODE ACC.NO AMOUN
T
NARRATI
ON
(EXPLAN
ATION)
11. CONCLUSION
VOUCHER MAY BE PREPARED SHOWING
NECCESSARY DETAILS AND GOT APPROVED BY
APPROPRIATE AUTHORITY WITHIN THE
FIRM.THESE MUST BE PRESERVED IN ANY CASE
TILL THE AUDIT OF THE ACCOUNTS AND TAX
ASSESSMENTS FOR THE RELEVANT PERIOD ARE
COMPLETED.