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Contra voucher

yogen (Accountant) (105 Points)

03 April 2013

sir,

i would be again very grateful to u, i hope u help me. sir my questio is:

Is its necessary to make contra voucher in an orgainsation? though we are till today making the entries in payment voucher which is contra in nature. and sir aduit is not so far done yet.

please suggest.

Thankyou in advance.

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2 Replies

V P Narasimhan (Accounts Manager) (791 Points)
Replied 10 April 2013

Dear

if you are operating bank accounts "contra" entry is a must since with drawal of Cash & deposit will definitely affect both bank & cash a/c

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CMA RAVI (ASSISTANT MANGER - FINANCE) (478 Points)
Replied 10 April 2013

Originally posted by : yogen
	sir, i would be again very grateful to u, i hope u help me. sir my questio is: Is its necessary to make contra voucher in an orgainsation? though we are till today making the entries in payment voucher which is contra in nature. and sir aduit is not so far done yet. please suggest. Thankyou in advance.