Source Documents or Vouchers

Need help with your homework? Look no further! Our subject experts are ready to effortlessly handle your assignments, so you can finally say goodbye to stress and hello to top grades.

Please enable JavaScript in your browser to complete this form.
Click or drag files to this area to upload. You can upload up to 3 files.
Get a response in under 15 min

The concept of Source Documents or Vouchers:

Any document based upon which a financial transaction is recorded in the books of accounting is known as ‘source documents.’ Among these, the documents which show the amount and nature of a business transaction are known as ‘vouchers’.

Once a business sells its products, certain invoices are prepared for sending their goods out of the workplace, cash memos for cash sales and bills for denoting credit sales. While the original copy is sent or handed over to the buyer, a duplicate copy is set aside for recording it in the books of accounts. It is these duplicate copies which are known as source documents and are further used for recording it in the books of accountancy. Similarly, the original copy which a company receives while purchasing a good from some other company is also termed as source documents.

Vouchers are the cash memos, bills, receipts, traveling allowance bills, wage bills, salary bills, registration deeds, counterfoils of cheques, etc. These vouchers can be any form of written document which validates that a financial transaction has happened so that it can be considered as provable documents of that transaction.

Source documents are significant in everyday life too. For example- while paying house rent to a landlord, a receipt for the received rent is received. Electricity Supply companies, Insurance companies, Water Works issue a receipt for the received rent to their customers. Employees of a company affix their signature on salary bills and wages bills when they receive their payments in the form of salaries and wages. This depicts that monetary receipts are received for every form of payments in all sectors of life.

Thus, in the case of accountancy, the first step is identifying the foundation of a financial transaction. This is based on a documentary proof known as source documents.

Source Documents:


Accountancy is a subject which deals with facts which take place and are further proved by written evidence which is termed as source documents. These documents act as evidence that a financial transaction has taken place. All entries in the books of accounting are based on the information which has been derived from these documents. It is a must that in the case of accountancy a financial transaction has to be supported by source documents which are known as vouchers.

Types of source documents

  1. Cash Memo

It is a source document which indicates the details, amount and date of cash sales and cash purchases of a company. It specifies the cash memos which have been issued by that company on cash sales and the cash memos received on purchases. It is based on this, that cash payment, cash sales and cash purchases are recorded in the accounting books.

  1. Cheques

Cheques can be issued for various payments, either self-withdrawal or payments. For recording in the books of accounting, it is either the notes on the chequebook or the counterfoil of cheques which are taken into consideration. The received cheques are deposited through Pay-in-Slip into the book.

  1. Invoices and Bills

Invoices and bills are documents which are used for credit sales and credit purchases. For credit sale, invoices and bills are received indicating the amount, date and details of the sale. In the case of credit purchases; invoices and bills are received with the details of the credit purchase.

These invoices get prepared in three copies. While the first is sent to the buyer, the second is send along with the goods and third is used for books of accountancy in the form of a source document.

  1. Credit Note

Credit Notes are issued to customers in the event of sales return. Here, the customer’s account is credited with the sales return amount. These credit notes are further used as a source document.

Source Documents or Vouchers

  1. Debit Note

Debit Notes are issued to sellers in case of return of goods which were purchased on credit. The seller’s account is debited with the amount of purchase return. Further, this debit note is used as a source document for recording about the purchase return in books of accounting.

source documents or vouchers

  1. Pay-in-Slip

Pay-in-slip is filled up while depositing cheques and cash in the bank. While the main body of pay-in-slip is kept with the bank, the duly stamped and signed counterfoil is given to the consumer. This is further used for recording it in the accounting book.

  1. Receipt

Whenever an amount is received or paid, the receiver issues a receipt to his payer. This indicates the date, amount and other details like the purpose of payment, payee details, etc. This receipt is used as a source document for the amount received or paid for recording it in the books of accounting.

  1. Miscellaneous

Other than the ones listed above, there are various other source documents like registration deeds, bills like electricity, salaries, wages, water, telephones, tickets, counterfoils which are also used and termed as source documents.



Ronald A. Irish believes that a voucher can be an invoice, a written requisition slip, a receipt, agreement or any written proof which validates a financial transaction.

  1. R. Batliboi has defined voucher as a form of documentary evidence which is in support of an entry which has appeared in the books of accountancy.

A voucher looks like-

documents or vouchers 3

Features of Vouchers

  • These are written documents.
  • These are a form of written evidence of any financial transaction.
  • Vouchers validate an entry in the books of accounting.
  • These authenticate that an entry in the books of accountancy is valid.
  • These contain the full details of a monetary transaction like the date, amount and other financial details.

source documents or vouchers 4

Examples of Vouchers

  1. Cash Payment- Vouchers like wage sheets, cash memos, correspondence, salary register copies of contracts, etc. are types of cash payments.
  2. Cash Receipts- Carbon copies, counterfoils of issued receipts, carbon copies of completed contracts, correspondence, etc. are various forms of cash receipts.
  3. Purchase Return- Letter of credit, goods outward book, correspondence, are examples of purchase return vouchers.
  4. Purchases- Vouchers regarding purchases are – copies of sent order, invoices, goods inward book, correspondence, etc.
  5. Sales- Vouchers like record of supplied goods, copies of received orders, correspondence, good outward book, etc. are sales vouchers.

Links of Previous Main Topic:-

Links of Next Financial Accounting Topics:-

Homework Blues?

Get expert help with homework for all subjects.

  • NPlagiarism-free work
  • NHonest Pricing
  • NMoney-back guarantee

Latest Reviews

Solved Sample Works

Accounting Homework

Corporate Accounting Sample

Biology Homework

Genetics Assignment Sample

Essay Writing Help

Business Plan Sample

Homework Help FAQs

Our Answers to Your Questions

How do I submit my homework?

Getting homework help is very simple with us. Students can either send us the homework via email or they can upload it to our online form here. For a quicker response, You can also chat with us at WhatsApp and submit homework directly. You are sure to get a response from our side within 10 minutes.

How much will my homework cost?

The cost of paying someone to do your homework varies depending on the service and the type of assignment. We have listed our standard pricing plans for popularly used writing services. For other kind of assignments, You can get a free instant quote from us using our online form.

We also accept partial payment to start working on your assignment help. You can pay the remaining amount when your task gets completed. No pressure of up-front payment. No hidden order costs.

Can I receive help with my homework anytime?

Yes, you can receive help with your homework anytime with us. Our online homework help services are available 24/7, allowing you to receive assistance with your homework anytime, anywhere.

For urgent homework requests, reach out to us through our LiveChat or WhatsApp channels and one of our friendly support agents will assist you in finding the right expert for your online homework help request immediately. With our services, you can rely on 24/7 availability and meeting deadlines.

Are online homework websites budget-friendly for students like me?

Yes, Our Online Homework Help websites are an affordable solution for you as a student. Compared to traditional tutoring services, MyHomeworkHelp prices their homework help services honestly and within the budget of college students. This makes it easier for you to receive assistance with your homework without breaking the bank.

What is your plagiarism-free policy?

At myhomeworkhelp, we take plagiarism very seriously and ensure that all solutions provided by our tutors are original and authentic. Our tutors are trained to provide custom-made solutions, tailored specifically to meet the requirements of each student. We do not provide pre-written papers. All our homeswork solutions are made from scratch, guaranteeing 100% orignal homework answers.

Additionally, we have strict plagiarism-detection tools in place to check all submissions for authenticity.

Is using an Online Homework Help Service cheating?

Using online homework help services is not equivalent to cheating. Our services are intended to support students with their homework and provide them with the resources they need to succeed academically. With the help of our online homework help services, students can receive immediate assistance with their homework from any location, at any time.

At myhomeworkhelp, we are committed to promoting academic integrity. Our tutors provide solutions that serve as guides for drafting your own work. It is not acceptable to submit someone else's work as your own, as this constitutes academic plagiarism.

Can I chat with my tutor?

Using our secure chat board, you can now chat directly with your assigned tutor. The chats are encrypted both ways to secure your privacy. This makes your contact with the tutor directly & confidentially, so you can better explain any requirements or changes if needed or just need updates.

You can't contact the experts outside of chat board platform. Sharing any personal information, including but not limited to contact information, goes against our Terms and Conditions and therefore may result in permanently blocking you from the platform. We take any personal data very seriously and we do it for the safety of our users.

Know more about chat board here.

What is your money-back guarantee policy?

It’s worth noting that our online homework help service rarely leads to disappointment among students. Our expert tutors, along with our support and quality assurance team, are dedicated to providing the best possible experience for our customers. However, if for any reason a student is unsatisfied with their homework help solution, we offer unlimited revisions until they are fully satisfied.

In the rare event that a student remains unsatisfied even after revisions, we offer a money-back guarantee. We want all of our students to feel confident and secure when they turn to us for assistance with their homework, and this guarantee is just one way that we demonstrate our commitment to providing the best possible service. If you have any concerns about our services or the quality of the work you receive, please contact us for support.

What is the expertise of the tutor assigned to do my homework?

At myhomeworkhelp, we take pride in our team of qualified and experienced tutors. All of our tutors undergo a rigorous selection process and are required to have a minimum of a master's degree in their respective fields. Additionally, they must pass a series of tests to demonstrate their proficiency and ability to deliver quality work. We believe in transparency and providing our clients with the best possible service. You can be confident in the expertise of the tutor assigned to do your homework.

What about privacy & confidentiality?

Using My Homework Help is absolutely safe. We care about your security, therefore we encrypt all personal data to make every user feel safe while using our services and we don’t share any personal information with any third parties without your permission. Your credit card information is not stored anywhere at My Homework Help, and use of PayPal relies on their secure payment networks. Your identity, payment and homework are in safe hands. You can always be certain of getting professional help and remaining anonymous, while using My Homework Help.