Contra Voucher

Contra Voucher is a dual effect voucher . This voucher is used when we have cash and bank deposits and withdrawals also used for bank to bank transfer. In Contra Voucher we have date , description , debit source and credit source affect cash account and bank accounts for the specified date.

When there is cash, a bank, or many banks on either side of the entry, a Contra Voucher is employed. A contra voucher is used to document any cash deposit, withdrawal, or transfer between accounts. You can also create a cash deposit slip that specifies the currency denominations involved in the transaction.

BenchStep ERP will show you the details of Debit source, Credit source, amount that has been withdrawn or deposited with the amount being debited or credited. All the transactions that taking place between Business’s cash and bank will be shown here.

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