A journal voucher is a document used to record accounting transactions in the general ledger. It is a written authorization to make a financial transaction, which is typically used to adjust or correct accounting records.
A typical journal voucher includes the following information:
Date of the transaction
Account codes and descriptions
Debit or credit amounts
Reference number or other identification information
Authorization signature
Journal vouchers are used to record transactions that cannot be processed through the normal accounts payable or accounts receivable system, such as adjusting entries or correcting errors. They may also be used to record non-cash transactions, such as depreciation or amortization expenses.
The use of journal vouchers provides an audit trail for accounting transactions, as each transaction is supported by a written document. This helps to ensure that transactions are accurately recorded and that the accounting records are complete and accurate. Journal vouchers are typically used by accountants or other financial professionals, and are an important part of the accounting and financial reporting process.
