Voucher Check

AAA

DEFINITION of 'Voucher Check'

A two-part combination of a check and voucher. Also known as a remittance advice, the voucher details the reason for the payment by the issuer of the check. The recipient of the voucher check detaches the voucher and retains it for record-keeping before cashing the check.

INVESTOPEDIA EXPLAINS 'Voucher Check'

Voucher checks that are used in computerized accounting systems have three parts that together fit on standard A4-sized sheets of paper for ease of use in printers. In addition to a check and voucher, a three-part voucher check has a check stub that is retained by the issuer. Perforations make the different sections easy to separate.

RELATED TERMS
  1. Canceled Check

    A check that has cleared the depositor's account and has been ...
  2. Cashier's Check

    A check written by a financial institution on its own funds. ...
  3. Certified Check

    A type of check where the issuing bank guarantees the recipient ...
  4. Check

    A written, dated and signed instrument that contains an unconditional ...
  5. Voucher

    A document recording a liability or allowing for the payment ...
  6. Deferred Tax Asset

    A deferred tax asset is an asset on a company's balance sheet ...
Related Articles
  1. Why does the IRS withhold income taxes ...
    Investing

    Why does the IRS withhold income taxes ...

  2. When Good People Write Bad Checks
    Budgeting

    When Good People Write Bad Checks

  3. I want to roll over a portion of my ...
    Retirement

    I want to roll over a portion of my ...

  4. Material Adverse Effect A Warning Sign ...
    Markets

    Material Adverse Effect A Warning Sign ...

comments powered by Disqus
Hot Definitions
  1. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  2. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  3. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  4. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  5. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  6. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
Trading Center