Types of Vouchers

In any accounting software, voucher is important because we pass the entries in different vouchers by getting information from source documents. In manual accounting, we record the transactions first in specified voucher. It is helpful for passing journal entries. We print the different vouchers. Every voucher will for every transaction. It is prepared by accountant by signing on it. Following are its main types.



1. Cash Vouchers

For all cash transactions, cash voucher is prepared. There are two types of cash voucher.


A) Debit Voucher for Cash Payment

We prepared debit voucher for all type of cash payment. Following are the main payments whose will record in debit voucher for cash payments.

a)  For paying cash expenses

b) For paying the bill of buying of goods.

c) For payment of investment

d) For payment to creditors

e) For depositing money in bank


B) Credit Voucher for Cash Receipts

Credit voucher is also part of cash voucher in which we write only cash receipt of each transaction

Following are main receipt

a) For receipt of income

b) Cash received from sales

c) Cash sale of investment

d) Cash from sale of fixed assets

e) Cash received from our debtors


2. Non- Cash Vouchers or Transfer Vouchers

Except cash vouchers, accountant will also prepare non-cash vouchers for non cash transactions. Following are main transactions which will be gone to non-cash vouchers.

a) For credit purchase or credit sale of goods

b) For credit purchase or credit sales of fixed assets and investment

c) For return of goods which are purchase or sale on credit

d) For providing depreciation

e) For written off the bad debts