The word journal has been derived from the French word Jour Jour means day.

Definition and examples of journal voucher. Of ready to use Accounting vouchers one among which is Journal voucher. For example you can attach the bill of an expense along with the original voucher just to further support the primary voucher. Journal Voucher is a draft which needs to be approved before it is posted to the General Ledger - bottom line is it does not affect General Ledger dollars until it is approved and posted.

A small printed piece of paper that entitles you to a discount or some kind of good or service. What is a Journal Voucher. For what Purpose a Journal Voucher is Used in Tally.

A voucher might be. A scholarship in the United States that allows a student to attend a. For example a journal voucher might be used to record an in-kind donation or to accrue an expense where there might not be an invoice from a vendor or perhaps to dispose of some obsolete inventory.

As soon as a transaction takes place its debit and credit aspects are analyzed and first of all recorded chronologically in the order of their occurrence in a book together with its short description. What are Journal Vouchers. Whenever a purchase is made on the consumable items such as stationery expenses for the staff welfare and numerous bills that may be generated on a firm wherein one could use the journal voucher for taking care of such expenses.

Depreciation on fixed assets. You decide to draw the line when someone ordered a big screen television for the cafeteria without your approval. The equivalent back up document for a transaction not involving the movement of money is called a journal voucher.

In such cases the cash or the bank account of the assessee is unaffected. This book is known as journal. In a proper accounting system there would be a physical voucher of some sort a piece of paper that would provide the basic information such as what is being vouched recorded date amount GL account.