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Debit Voucher, Credit Voucher, and Transfer VoucherVoucher is the supporting documents that accountants use as the summary to record into the accounting system. It is the primary document to prove that the transactions have occurred, it is used to record payment, receipt, and journal adjustment. The voucher contains the reference number which allows to trace back and forth between accounting record and supporting documents. The voucher...0 Comments 0 Shares 8K Views 0 ReviewsPlease log in to like, share and comment!
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Top 2 Types of Voucher in Accounting (With Formats)The following points highlight the top two types of voucher in accounting. The types are: 1. Primary or Accounting Vouchers 2. Supporting Vouchers. Voucher Type # 1. Accounting Voucher: These vouchers are prepared on the basis of supporting vouchers by the accounts clerk or the accountant of the organisation and which are countersigned by an authorised signatory. As soon as it...0 Comments 0 Shares 7K Views 0 Reviews
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Debit note vs. credit note: What’s the difference?Explore the difference between a debit and credit note by learning what each term means, plus when and how businesses should use them. Both debit notes and credit notes are official accounting documents, both used by businesses but for different purposes. Separate from an invoice, these notes let buyers know how much existing business credit they have or conversely, how much they still...0 Comments 0 Shares 7K Views 0 Reviews
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What is the Difference Between an Invoice and a Bill? Does it Matter?Business owners have an obligation not only to their customers, but to themselves, to develop literacy with the financial instruments they will use every day. When it comes to invoices vs. bills, it can get a bit tricky to understand what the difference is between the two documents and when to use either one. After all, a misunderstanding can lead to disaster as it can cause...0 Comments 0 Shares 7K Views 0 Reviews
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How to legally change an invoice with a credit noteNo matter how careful you are when invoicing, mistakes can happen. A customer’s address may be typed wrongly, a discount may not have been applied, or the items themselves may be incorrect. Once sent, you can no longer edit the invoice directly, and a credit note must be issued instead. If you need to change an invoice, this needs to be done correctly and according to UK...0 Comments 0 Shares 7K Views 0 Reviews
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The difference between an invoice and a bill‘Invoice’ and ‘bill’ are two terms that are often thrown around by businesses, customers, and accountants alike, and it’s pretty common for the terms to be used interchangeably. However, while invoices and bills do have a few things in common, they aren’t entirely identical. Start invoicing for free This article summarises the features of...0 Comments 0 Shares 7K Views 0 Reviews
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ACCOUNTING SERVICES NewTsh 100Starting with only Tsh 2,400; you can enjoy one month of accounting experience like never before. NOTE: you can test our service first, by opening your free account today at https://bs.nefoi.com/
Starting with only Tsh 2,400; you can enjoy one month of accounting experience like never before. NOTE: you can test our service first, by opening your free account today at https://bs.nefoi.com/0 Comments 0 Shares 3K Views 0 Reviews -
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