The change of transaction into dr/cr form according to the rules of accounting is called voucher. Vouchers are classified in two categories. First one is accounting voucher, which is used to entry the transactions of income and expenditure. Second one is inventory voucher which is used to entry the transactions of goods which are purchase trading point of view. In other words inventory describe about purchase
And sales. Accounting vouchers are classified in four categories.
They are.
1. Receipt Voucher (f6)
2. Payment Voucher (f5)
3. Contra Voucher (f4)
4. Journal Voucher (f7)
1. Receipt voucher: The voucher having cash a/c or bank a/c debit and another account (apart from cash and bank) credit is called receipt voucher.e.g.
Business started with cash Rs.100000
Cash a/c dr 100000
To capital a/c 100000
(being business started with cash)
• Commission received from shankar Rs. 20000
Cash a/c dr 20000
To commission income a/c 20000
(being commission received from shankar)
2. Payment Voucher: The voucher having cash a/c or bank a/c credit and another account debit is called payment voucher. E.g.
Furniture purchased in cash Rs 20000
Furniture a/c dr 20000
To cash a/c 20000
(being purchase of furniture in cash)
• House rent paid through Himalayan bank 30000
House rent a/c dr 30000
To Himalayan bank a/c 30000
(being house rent paid through Himalayan bank)
3. Journal Voucher:
The voucher having no cash a/c and no bank account at both sides( debit and credit side) is called journal voucher
e.g stationeary purchased from top traders on credit rs 5000
stationery a/c dr 5000
to top traders a/c 5000
contra voucher : the voucher having
cash a/c dr
to bank a/c
or bank a/c dr
to cash a/c
or one bank a/c dr
to another bank a/c
is called contra voucher
e.g cash deposited at Himalayan bank rs 100000
cash withdraw from Himalayan bank rs 50000
cash transferred from Himalayan bank to kumari bank rs 10000
