voucher system
Definition
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.
voucher system is in the Accounting & Auditing and Documentation & Recordkeeping subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/voucher-system.html
email to a friend
print this definition
cite this definition
link to this page
