voucher system



Internal financial control system for cash or check payments that relies on vouchers to (1) establish the propriety of transactions, (2) establish the amount being paid, and (3) name the ledger account(s) in which the transaction is to be recorded.

Use voucher system in a sentence

  • Sometimes it may be easier to get people to pay using a voucher system and they might also enjoy doing it.

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  • We engaged in a brand new voucher system to be sure to take care of all of our visitors best.

    4 people found this helpful
  • The voucher system that was in place was very sturdy and reliable and worked great for all of us on the floor.

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