What do you mean by vouching

Showing Answers 1 - 4 of 4 Answers

m.thangaraj

  • May 11th, 2006
 

to know the corretness of transcation with evidenece

Modit Rastogi

  • Oct 5th, 2006
 

Vouching is the examination of the base document used to record a transaction.

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Jomy George

  • Jun 14th, 2011
 

vouching aims at two objectives...

1. whether all transactions entered are supported with documents
2. whether transactions are authorised

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Babu

  • Sep 21st, 2011
 

The act of examining the documentary evidence such as bill,receipt, cheque, pay-in-slip etc is know as vouching.

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RUTUL

  • Dec 13th, 2011
 

"In accounting language all P&L items vouched."
vouching means to check whether recorded transaction have any voucher or not.
voucher means supportive evidence with the transaction.

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Moiz Mokhtar

  • Dec 17th, 2011
 

Vouching is the process of checking for the existence an example for this is checking from the final record to the supporting document.

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