Which voucher is used for cash and credit purchses?
Answers
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Answer:
For credit purchases we use F9 purchase voucher in tally
Explanation:
While for cash purchase use F5 payment voucher in tally
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Voucher is used for cash:
Explanation:
- A voucher is a written/documentary payment receipt. It is a receipt issued for payments made in cash or by check. It backs up the entry made in the accounting books. It contains complete information about payments made as well as the reasons for such payments.
- Purchase Vouchers are utilised when you need to buy something from someone else and receive an invoice in exchange for cash or credit. Buy vouchers can be used to make purchase and credit purchase entries in Tally.
- Debit vouchers are the official records of cash transactions. These vouchers are created to maintain track of various monetary payments made to the company, such as capital and income payments.
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