Hi.,
i am looking for Important Voucher with Examples.
I had Prepared Some Point on Voucher along with Advantages and Disadvantages of Journal Voucher. I Hope these will meet your requirements
# The first and most important aspect of a business organisation is recording of transactions.
# The journal voucher is the primary document evidence for the recording of an entry for a transaction.
# Each and every transaction must be supported by a voucher.
Advantages of Journal Voucher
# It is an integral part of audit trail.
# It enforce a transaction in the books.
# It is used as a evidence for an entry in the books.
# It gives brief description of transaction.
Disadvantages of Journal Voucher
# The collusion of financial information is starts from misinterpretation of financial data in journal voucher.
# The easy way for fraud is generation of fake journal vouchers.
# The accuracy, fairness of journal voucher may not be quantified in some cases.
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