- A voucher is a document used by a company’s accounts payable department that contains supporting documents for an invoice.
- A voucher is essentially a back-up document for accounts payable, which are invoices that companies owe to merchants and suppliers.
- The documents in the voucher may include the vendor invoice, amount due, due date, general ledger accounts, and shipping receipts.
- All amounts of outstanding vouchers due are added together and one lump sum is shown as accounts payable on the balance sheet.
- Vouchers are also used by governments and private businesses, which can then be exchanged for various goods or services.