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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
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 Accounting General interview questions  Accounting General Interview Questions (2833)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4370)
Question
What is the uses of invoices? how many types of invoices, 
and difference between invoice and voucher, invoice and 
bill?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
INDENT: Suppose I require a certain items of desired quantity and specifications from a supplier. The written document asking for supply of goods is said to be Indent.

INVOICE: The Supplier in return along with the goods/items as indented and a written document of that goods/items deliver to the Indenter. The receipt of that goods along with the acknowledgement of the indenter in one copy is an invoice.

BILL: The Customer copy(Indenter's Copy) of the goods received along with the certification of the head/chief that the goods found to be of approved quality and quantity and have been entered in the Stock Register Folio for further action is said to be Bill.

VOUCHER: It is the proof of payment either in Cash or Cheque/Draft to the Supplier based upon the billed amount.In the aforesaid Bill, the necessary entry that "Passed for payment vide Cheque No...... dated......" is to be recorded.
 
Is This Answer Correct ?    24 Yes 5 No
Nishant Yadvesh
 

 
 
 
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