what are the funcitons and importace …
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what are the funcitons and importace of the following
- cancelled cheque
- pay in slip
- Draft slip
- cash memo
- invoice and bill
- voucher
Posted by Govind Gulia 6 years, 10 months ago
- 2 answers
Taher Sadikot 6 years, 8 months ago
1. Cancleed cheque is of no use for banking transaction but it is given when we are required to give our bank details to someone and the person or company wants to verify its correctness. and confirm actual holders name over there.
2. Pay in slip is for the deposit of cash or cheque in the bank. details required to be filled are name of account holder, account number, denomination of cash , cheque details, amount in words, signature, date.
3. Draft slip is the slip where we want to issue payment to someone and we do not have his acount no. then we are supposed to go to bank fill the draft slip with the name of receiving person or company, date amount, which city it is payable(it is very important). and bank will give us a cheque like copy which is a draft , to be sent to the reeiver of money and they will get money in their account.
4. Cash memo is the the bill kind of copy for cash sales.
5. Invoice and Bill are the terms used interchangeable and it is the copy of purchase or sales.
6. Voucher is the copy prepared by a businessman where transaction is done on cash and no counterfoil is received.
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Taher Sadikot 6 years, 8 months ago
1. Canclled cheque is of no use for banking transaction but it is given when we are required to give our bank details to someone and the person or company wants to verify its correctness. and confirm actual holders name over there.
2. Pay in slip is for the deposit of cash or cheque in the bank. details required to be filled are name of account holder, account number, denomination of cash , cheque details, amount in words, signature, date.
3. Draft slip is the slip where we want to issue payment to someone and we do not have his acount no. then we are supposed to go to bank fill the draft slip with the name of receiving person or company, date amount, which city it is payable(it is very important). and bank will give us a cheque like copy which is a draft , to be sent to the reeiver of money and they will get money in their account.
4. Cash memo is the the bill kind of copy for cash sales.
5. Invoice and Bill are the terms used interchangeable and it is the copy of purchase or sales.
6. Voucher is the copy prepared by a businessman where transaction is done on cash and no counterfoil is received.
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