05-31-2010, 08:41 PM
Dear,
For cash payments transactions are recorded using CPV (Cash payment voucher)
For cash receipts transactions are recorded using CRV (Cash receipt voucher)
For bank payments transactions are recorded using BPV (Bank payment voucher)
For bank receipts transaction are recorded using BRV ( Bank receipt vouvher)
In case if in any transaction any of above nature of transaction is not involved such transactions are recorded through JV (journal voucher) e.g
Depreciation Exp to Acc. Depreciation
For cash payments transactions are recorded using CPV (Cash payment voucher)
For cash receipts transactions are recorded using CRV (Cash receipt voucher)
For bank payments transactions are recorded using BPV (Bank payment voucher)
For bank receipts transaction are recorded using BRV ( Bank receipt vouvher)
In case if in any transaction any of above nature of transaction is not involved such transactions are recorded through JV (journal voucher) e.g
Depreciation Exp to Acc. Depreciation
