voucher is prepaid for
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A voucher is prepared every time the company makes a payment. Hence, vouchers are prepared for other disbursement transactions like cash purchases, payment of payroll, replenishment of petty cash and other funds, payment of debts and other obligations, and even payment of dividends.
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When you enter a prepaid voucher, the system creates a voucher for payment the next time you process a batch of automatic payments. It also creates a pending negative voucher pay item. When the actual voucher is received, enter the information just as you would a standard voucher.
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