Delay in voucher posting

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 February 2015 Dear Experts,

What will be the impact on the financials of the company incase of delay in voucher posting.

Please Advise.

Thanks and Regards.

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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02 February 2015 Many times employees incur expenditure on behalf of the company while working out of station.
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In such situation, they may prepare vouchers which may be produced after 3-4 or even later.
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Hence the voucher can be entered in the BOOKS only when PAYMENT is ACTUALLY PAID by the enterprise to the concerned employee/person.
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