Business Process On System

Multilevel Accounts Group(Part by part on ledger),Bank Debit Voucher,Bank Credit voucher,Cash Debit Voucher,Cash Credit Voucher,Journal Voucher,Voucher Register.

Multilevel Accounts Group , Bank Debit Voucher ,
Written by shohal

Voucher

What is Multilevel Accounts Group?

Track multiple organizational segments such as companies, business units, or profit centers. Hierarchy of departments can be consolidated by levels for summary purposes. Financial data can be viewed at various levels of the overall business hierarchy.

Bank Debit Voucher?

A debit voucher or payment voucher is the supporting document that shows that the monetary transaction has occurred.

Bank Credit voucher?

A credit Voucher is a document that records accounting transactions and contains monetary value including cash payments when payment is made.

Cash Debit Voucher?

Debit vouchers are the documentary evidence of cash payments.

Cash Credit Voucher?

Credit vouchers are the documentary evidence of Cash receipts.

Journal Voucher?

A journal voucher is a written authorization to make a transaction entry, and so is a key document that is examined by auditors as part of their audit procedures.

Voucher Register?

The voucher register is a journal that records all vouchers once they are approved. Sometimes the voucher register is called the book of original entry because all the vouchers are entered into the voucher register before they are entered into any other part of the accounting system.

LESSON /13/2017. RECORDING PAYROLL IN A VOUCHER REGISTER. pages 156 and 157. LESSON 5-3. RED.

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