Difference Between Receipt Voucher And Payment Voucher
Receipt Vou c her is prepared whe n t here are Cash Receipt Tra nsactions suc h as Cash received from customers, Fees Received, Re nt Received, etc., w hile Payme nt Vouc her is used for Cash Payme nt Transactions suc h as payme nts to suppliers / vendors, Fees Paid, Rent Paid, Salaries Paid, etc. as a supporting document. If you wa nt to know how much amou nt of cas h received b y the company from customers, the n t h e accountant can c heck receipt voucher a nd how much amou nt paid to suppliers can b e checked through payme nt vouc her. Both Receipt Voucher a nd Payment Vouc her are the types of Cash Voucher