purchase voucher

PURCHASE VOUCHER

Purchase voucher is used to insert all types of purchase entries (Purchase goods and services) either made by cash and credit and generate the purchase invoices.

There are two modes of purchase voucher.
1. Item Invoice (Alt + I): This mode is used to insert inventories items purchase details and by default purchase voucher open in this mode.

2. Account Invoice (Alt + I): This mode is used to insert all types of services, purchase details.

PURCHASE VOUCHER - EXAMPLES
1. Purchase goods by cash (250 Pen drives) with 2% discount.

2. Purchase goods on credit (50 Refrigerator) from Godrej store.

3. Purchase goods by cash (100 LCD) with 5% VAT.

4. Purchase AMC service from Heritage IT Solution with service tax.

ITEM INVOICE

In purchase voucher, Item invoice mode is used to record/insert inventory items (physical stock item) purchase details.
To open the inventory mode in purchase voucher, we have to follow the below steps.

1. Open your company.

2. Click on "Accounting Voucher"

3. Now click on "Purchase" or press "F9" key.

ACCOUNT INVOICE

The Account invoice mode is used to record/insert purchased service details in the purchase voucher.

Steps For Account Invoice Mode

1. Open your company.

2. Click on "Accounting Voucher"

3. Click on "Purchase" or press "F9" key.

4. Now click on "Acct Invoice" or press "Alt + I"