Question

What are post dated vouchers and explain the uses

Answer 1

Answer:

A voucher is a bond of the redeemable transaction type which is worth a certain monetary value and which may be spent only for specific reasons or on specific goods. Examples include housing, travel, and food vouchers. The term voucher is also a synonym for receipt and is often used to refer to receipts used as evidence of, for example, the declaration that a service has been performed or that an expenditure has been made. Voucher is a tourist guide for using services with a guarantee of payment by the agency.

The term is also commonly used for school vouchers, which are somewhat different.

Answer 2

Answer:

While entering vouchers, you can mark them as post dated , as a result these vouchers are not updated in the ledgers till the date specified in the voucher. This is useful for entering transactions that take place on a regular basis. ERP 9 will only update them in the ledgers on the due date. ...