Payment

1. How can we create the payment voucher?

Ans: we can create the payment voucher with the following steps:

●       First create the finance ledger head in the accounts section.

●       Now click on the Debit( Dr) side, Search for the ledger account for debit and enter the amount.

●       Now click on the Credit( Cr) side, Search for the ledger account for credit and enter the amount.

●       Write narration and remarks with a clear vision of the transaction.

2. Why do we create payment vouchers?

Ans: To keep a record of the expenses of the organization.

3. When do we create payment vouchers?

Ans: when there is a certain transaction with cash and bank accounts then payment vouchers are created.

4. Finance ledger head not shown while creating payment vouchers, why?

Ans: There are two reasons why Finance ledger head not shown while creating receipt it is because 

●       that a person enters the wrong ledger like cash a/c or bank ac on Debit (DR) side 

●       and another reason may be there is no ledger account created on the account section of the software.