A transfer voucher refers to a document or record used to facilitate the transfer of assets, funds, or other items between different entities.
What is a transfer voucher depends on the context in which it is used:
In accounting and finance, a transfer voucher is used to record the transfer of your funds from one account to another. It can include transfers between bank accounts, or transfers between different financial institutions.
In asset management, transfer voucher meaning is slightly different. It used to document the transfer of your physical or financial assets from one location to another. It includes the transfer of stocks, bonds, or other securities.
In human resources, a transfer voucher is used to document your transfer from one department or location to another within a company.
You should remember that the voucher serves as a record of the transfer, providing details about the nature of the transfer, and the parties involved. I hope this clarifies your doubts around
voucher transfer in bank statements, asset management and human resources.
Apply for Faster Home Loan Balance Transfer via NoBrokerRead more
What is TPT Transfer in Banking: Meaning
Your Feedback Matters! How was this Answer?
Fast & Reliable Online Khata Transfer
✔
Dedicated Senior Advocates✔
Lowest Price✔
Fastest Process
Khata Package
Know More
Khata Transfer
Transfer Now
E-Aasthi Conversion
Transfer Now
Hi,
An initial record of a purchase, transaction, receipt, or payment is a voucher. Vouchers can be used manually or electronically, depending on how business organisations like to operate. All transactions are documented in transfer vouchers, with the exception of bank and cash receipts and payments. The Journal Voucher is another name for this voucher. This voucher is typically created for transactions using credit rather than cash or a bank transaction, such as credit sales, credit purchases, property transfers, and credit sales or purchases. The following list of transactions will be listed in transfer vouchers:
Credit sales or purchases of products
Sale or credit purchase of fixed assets
Return of goods for purchases or credit sales
Deleted bad debts
Any additional cashless transactions
I hope this was helpful to you.
Read More: What Is Transfer Voucher? How to Find Subscription Voucher Number
What is transfer voucher
Sheela Francis
24.4k Views
2
2 Year
2022-08-08T12:32:04+00:00 2022-08-08T12:32:05+00:00Comment
Share