In the world of mobile phones, a voucher – in the form of a recharge number – is sold to customers to recharge their SIM card with money and to extend the availability of the card. Some of them are solid – you can touch and hold them – while others can be scanned directly from your smartphone screen. Mobile phone vouchers come in many forms, shapes and sizes. In most cases, when you purchase a special editions game you also get a voucher which can be used towards buying added content for that game. There are several websites dedicated to promoting vouchers online, as well as Facebook groups which offer items such as discounts for students and two-for-one deals for restaurant meals and excursions. The use of e-vouchers grew significantly in 2008-2009. They are usually issued as some kind of code. Accounts receivable is the money that a supplier is owed by its clients or customers that purchased goods or services on credit.Į-vouchers are used online – they may be entered when people are Internet shopping and the relevant vouchers are added to the purchaser’s order. A journal voucher is used for the general ledger when an adjustment within that ledger needs to be made. In accounts receivable, a voucher may also refer to a document representing intent to make an adjustment to an account. These payments are then either released or held at the discretion of the company controller or accounts payable supervisor. The voucher contains information regarding the receiver of the money (payee), how much the payment is for, and a description of the transaction.Ī process known as a payment run in accounts payable systems is executed to generate payments that correspond to vouchers that need to be paid. Usually, the company (buyer) issues a purchase order, which is then successfully matched with an invoice from the supplier, followed by a voucher, issued by the buyer. In accounting, a voucher is a document representing internal intent to pay money to an external entity, such as a service provider or vendor – a supplier. When you cut out something in a newspaper, magazine or printed advertisement, fill it in with your name and address and send it off for more information, a free sample or a discount, that is a coupon – never a voucher.Ī coupon also means the annual interest payments on bonds – voucher never has that meaning. until all the credits – monetary or validity period – are used up. – Coupons: these are purchased independently of a reservation and can be used more than once, i.e. This is not true – many types, including gift and mobile phone vouchers are on sale all over the world. Some people say that vouchers are given and not purchased. The piece of paper – or code in the paperless world – can only be used once. – Vouchers: these are meant to be given to customers as one-off offers for discounts or total payment for something, such as a meal. However, a true linguist will inform you that although they are used today with the same meaning, technically there is a difference. The majority of people will tell you that the two terms have virtually the same meaning and can be used interchangeably. In 1590s Britain, the term first emerged in the English language with the meaning ‘guarantee to be accurate or true’. The old French term probably originated from Latin Vocitare, meaning ‘to call to, summon insistently’, which is the frequentative of Latin Vocare, meaning ‘to call upon, summon, call.’ The English word ‘to vouch’ comes from Anglo-French Voucher and Old French Vocher, meaning ‘to call, summon, claim, invoke’. It was not until 1947 that the word’s meaning widened to include a ‘document that can be exchanged for goods or services.’ In the 1690s, also in Britain, ‘voucher’ was first used with the meaning ‘receipt from a business transaction’. Voucher in the English languageĪccording to the Online Etymology Dictionary, the term first appeared in the English language in Britain in the 1520s with the meaning ‘summoning of a person into court to warrant the title of a property – a calling to vouch.’ In accounting, a voucher is typically a prenumbered form used in accounts payable to standardize a business’ internal control over payments to its suppliers. When they are receipts, vouchers are used as evidence that certain services have been performed or payments have been made. The meaning of the term – there are many – depends on the context in which it is used.
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