voucher system

noun

Definition of voucher system

: a system of accounting in which a voucher (as for an account payable) is prepared usually with supporting documents attached for each transaction or a series of transactions affecting a single account and when approved is entered in a voucher register

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Cite this Entry

“Voucher system.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/voucher%20system. Accessed 17 Jun. 2021.

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