What is an accounting voucher? When is this voucher used? Are accounting vouchers different from vouchers? In the following article, Viindoo will summarize detailed information related to accounting vouchers. Follow us for answers to these questions.
What is an accounting voucher?
Accounting vouchers are documents made by accountants. This voucher plays the role of managing and planning all kinds of documents through clear, complete, accurate, and detailed recording. Based on this voucher, accountants can easily and conveniently record transactions into ledgers or documents.
Download accounting voucher format:
What is an accounting voucher?
Making accounting vouchers can assist accountants in fully accounting for transactions that are not included in the available forms. This voucher can record many related accounting transactions at the same time.
To better understand, please refer to the example of transferring VAT on imported goods to the deductible tax of a shipment:
Normally:
- When receiving money, you must record documents in the receivable section;
- Spending money is recorded in the part to be paid;
- Log back into the purchase contract.
Applying how to write accounting vouchers, accountants only need to make accounting vouchers and record them in N13312/C33332.
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When is the accounting voucher used?
The accounting voucher is used to update and illustrate the entries, so it will be used in the following cases:
- End of accounting entries.
- Entry to deduct value-added tax at the end of the month.
- Adjustment entry.
- Allocation entry.
- Illustrate some other accounting operations without vouchers.
The accounting voucher is used to update the accounting entries.
Example:
When transferring the value-added tax of imported goods into the deducted VAT in a shipment, we make an accounting voucher and record:
- Debit 13312
- Credit 3332
When corporate income tax arrears in 2021, we make an accounting voucher and record:
- Debit 4211
- Credit 3334
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Distinguish accounting vouchers and accounting documents
Following we will analyze the definition and purpose of accounting vouchers and vouchers to distinguish the difference between the two types:
| Paper type | Accounting Vouchers | Accounting Documents |
| Definition | The basis for recording information in the book when there are no documents to record accurately and in detail. | A type of paper used to record problems that have arisen and been completed for use as a basis for bookkeeping. |
| Purpose | Accounting for transactions without accompanying documents and for internal use only. | Use in internal papers and important documents, serving the inspection and evaluation of agencies when required. bridge. This is evidence to prove assets and papers before the law. |
| Features | No specific name and form | Each document has a name and available forms such as: Timesheet, salary payment, receipt, payment voucher,... |
The above article of Viindoo has introduced detailed answer for “What is an accounting voucher?” We hope that the above information has been of some help to our readers.
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