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Accounting vouchers

This query is : Resolved 

17 May 2016 Sir,
What is the purpose of Payment vouchers ?
If Authority letter,Bill, money receipts and evidence is there in a transaction ,then also why it has to be prepared?

17 May 2016 Please help me to understand it.

20 May 2016 its required for various law applicabin india, like party a.c settlment proof. labour law, income tax assessment, sale tax, custome duty, octoris etc.




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