Create Voucher – A summary of the activity

This activity allows you to create a voucher for the sundry payments. Sundry payments refer to payments for which a previous liability does not exist.  Payments of miscellaneous expenses, statutory charges, sundry advances are typical examples of sundry payments. The payees of these transactions are often one-time payees, or at the most, occasional, whose details are not maintained as a regular payee.

You can also modify the voucher and the payment information through this activity. You can also view the account information details. The payee information can also be saved for future reference.

Inter-company sundry payments: You can even create vouchers for sundry payments between different companies (different OUs) belonging to the same group of companies. To achieve this, “Allow Inter Company transactions in Sundry Payment” must be enabled in the Set Finance Process Parameters activity of OU Parameter Setup.

Getting familiar with the pages inside

What you can do in this activity

Create and Authorize voucher

Generating automatic voucher number

Modifying exchange rates

Create and Authorize voucher

A newly created payment voucher, which contains the payment details, can be authorized during the creation process. The system updates the status of the payment voucher as “Requested” immediately on creation.

•  Go to “Create Voucher” page.

• Specify the voucher information along with the payment information.

• Create and authorize the voucher.

Generating automatic voucher number

The voucher number can be automatically generated by the system based on the selected numbering type

• Go to “Create Voucher” page.

• Specify the numbering type and other necessary information.

Modifying exchange rates

The exchange rate set can be modified within the tolerance limit that has been defined in the “Exchange Rate” business component.

• Go to “Create Voucher” page.

• Modify the exchange rate within the tolerance limit.