Receipt Voucher

What is a Receipt Voucher ?

A Receipt Voucher is used to record payments received from customers in the Enterprise Resource Planning system. It is created when a customer makes a payment against an invoice or clears an outstanding balance. By recording the receipt voucher, the system updates the customer’s account, reduces the pending amount, and ensures that the payment is properly reflected in the financial records. This helps organizations maintain accurate tracking of customer payments and accounts receivable balances.