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Accounting vouchers

This query is : Resolved 
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(Querist)
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?
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abidul islam

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abidul islam (Querist)
17 May 2016 Please help me to understand it.
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Rupesh Jain

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Rupesh Jain (Expert)
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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