Accounting

Journal Entry (Voucher)

The basic record of a transaction in accounting, capturing the accounts debited and credited and the amounts.

A journal entry, often called a voucher in Indian accounting software, is the fundamental unit of bookkeeping. It records which accounts are debited and credited, the amounts, the date and a narration. Sales, purchases, receipts and payments each create their own voucher type.

Posting a voucher updates the general ledger. Manual journal vouchers handle adjustments — depreciation, provisions, corrections — that do not arise from routine billing.

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