How to keep physical voucher file?

This query is : Resolved

sushil (Querist)
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07 August 2011 Dear Experts,

in my company, we keep all the bills & vouchers paid through bank in a bank payment voucher file serially as per payment date. we calls it as bank payment voucher file.

is this system right?

we are not maintaining any journal voucher file.

Thanks in advance
waiting for ur reply

Regards
Sushil.

CA Ashwani Agarwal

CA Ashwani Agarwal (Expert)
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07 August 2011 There are no specified methods described in any law for maintenance of vouchers, but vouchers should be maintained in such a way that it enables any inspecting officer to verify them. Then no problem.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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08 August 2011 All voucher files to be maintained either on the basis of voucher numbers or on the basis of dates. The following voucher files needs to be maintained
1) Cash Vouchers
2) Journal Vouchers
3) Bank Vouchers

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