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I n a simple petty cash book, small expenses paid and revenues are recorded while in an analytical petty cash book, more columns are added for further analyzation of these small expenses and revenues. For Example, in simple petty cash book postage, telephone expenses, rent received are recorded but in analytical cash book, separate columns are added (such as total payments column, Postage Expense Column, etc.) in the book to provide more details about these small expenses and revenues received by the cashier on daily basis. As more information is obtained from analytical petty cash book than a simple petty cash book, so it saves time as it avoids difficulty in getting the detailed information about small expenses and revenues.

What Are Types / Kinds Of Vouchers In Accounting? In an accounting system, Voucher plays an important role for a company’s business as it improves its internal control system. It is used for internal records as well as supporting evidence of a B usiness Transaction . There are two mai n types / kinds of vouchers: (1) Primary Vouchers or Accounting Vouchers (2) Secondary Voucher or Supporting Vouchers (1) Primary Vouchers / Accounting Vouchers These vouchers are prepared by the accountants on the basis of supporting vouchers and these vouchers are countersigned by an authorized signatory. From these vouchers, B ooks of Accounts are prepared. Primary Vouchers are further divided i nto two types: (a) Cash Voucher These are prepared for cash business transactions, i.e., for cash payments and cash receipts Cash voucher is further divided into two types based on the cash receipts and cash paymen

What is Meant By Voucher In Accounting? A ny written document in support of a Business Transaction is called voucher. Voucher is issued internally by different departments of the company in order to record a company’s business own records. A voucher usually includes date of the transaction, the price of goods or services, approval or signature of the parties, etc. The importance of voucher lies in the fact that every business transaction is recorded with facts & figures which is provided through voucher as a written document or evidence document and acts as a proof of a transaction exchanged between two or more parties. Kinds / Types of Voucher Various types of voucher includes Cash Voucher, Receipt Voucher, Journal Voucher, Purchases Voucher, Sales Voucher etc.