Receipt Voucher

RECEIPT VOUCHER

Receipt voucher is used to insert all types of cash receive which either receive by cash or cheque, therefore Bank a/c and Cash a/c should be always inserted at the debit side in this voucher.

In the Receipt voucher first "Cr" (Credit) section appear and then "Dr" (Debit) section appear.

RECEIPT VOUCHER - EXAMPLES
a. Receive bad debts Rs. 60,000

b. Receive commission Rs. 3,500

c. Receive Rent Rs. 18,000

d. Receive cheque (Amount Rs. 40,000) from Ravi Sharma


STEPS FOR RECEIPT VOUCHER
1. Open an already existing company.

2. Click on “Accounting voucher”

3. Now click on “Receipt” or press “F6” key.

4. Insert receiving ledger on credit side and cash or bank at debit side.

RECEIPT VOUCHER FORMATS

Receipt voucher also supports for "Single Entry Mode" and "Double Entry Mode" as Payment and Contra voucher and by default its open in single entry mode at the first time.

DOUBLE ENTRY MODE STEPS

1. Open the accounting voucher.

2. Click on "Receipt" or press "F6"

3. Press "F12" key.

4. Now set "No" to the "Use Single Entry mode for Pymt/Rcpt/Contra"

SINGLE ENTRY MODE
Single entry mode does not support debit/credit format. Its appear with "Account" and "Particular" sections.

The debit side ledger should be inserted under "Account" section, only Cash and Bank A/c shows under the Account and the other ledgers insert in "Particular" section.

Single Entry Mode

DOUBLE ENTRY MODE
Double entry mode is a simple debit/credit system, so in this format different indirect income ledgers insert at credit side and cash or bank should be inserted at debit side.

Double Entry Mode