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What is the meaning of Journal Voucher? when u have to use
this transaction tell me breif?
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Answer Posted / ivsk varma
Journal Voucher is an Adjustment entry or an rectification of Error entries on a certain transaction in the books of accounts.
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ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
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