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Transcript: H.Shahla A.Arzu Sh.Perviz Presenters name VOUCHER Voucher System PRESENTERS WHAT IS VOUCHER? GENERAL INFORMATION A voucher is a bond of the redeemable transaction type which is worth a certain monetary value and which may be spent only for specific reasons or on specific goods. The identification number of the supplier The amount to be paid The date on which payment should be made The accounts to be charged to record the liability Any applicable early payment discount terms An approval signature or stamp Which information voucher contains? Main features Types of voucher TYPES Payment voucher; Receipt voucher; Transfer voucher. RESPONSIBILITIES Authorization of expenditures Receipt of goods and services Validation of liability by examination of invoices from suppliers for correctness of prices,extensions, shipping costs, and credit terms Payment of expenditure by check taking discounts when possible Responsibilities and duties TYPES OF VOUCHER Two types of voucher in accounting Primary or Accounting Vouchers Supporting Vouchers Accounting vouchers Cash voucher Non-cash voucher 1.Debit voucher 2.Credit voucher Goods sold on Credit; Sale of Fixed Assets or Investment on Credit; Supporting vouchers External Supporting Vouchers Internal Supporting Vouchers. WHY VOUCHERS ARE SO IMPORTANT? Vouching is the backbone of accounting Vouching is the essence of accounting Vouching is important to see whether evidences are correct or not Why vouchers are so important? Vouchers are meant to give your customers one-time discounts (for given amount or based on a percentage of the total amount). A voucher code can be used only for a single reservation. Coupons, on the other hand, are purchased INDEPENDENTLY of a reservation and can be used for a number of reservations, until the coupon's credits are used up. What is difference between coupons and vouchers? What is difference between coupons and vouchers? Presenters Hasanli Shahla Adiyeva Arzu Shafili Perviz

School Voucher

Transcript: Thomas Paine the philosopher and activist in the Revolutionary War was believed to be the creator of school vouchers He was committed to educating for democracy and in the abstinence for public school systems. He proposed providing money to the people who don't make a lot of money to help them get an education. school vouchers School Vouchers are government funded vouchers redeemable for tuition fees other than the town public schools Facts Students can find a school that interests them parents can send their child to private schools for little to no cost families have a greater variety of school to choose from History Will force schools to have quality teaching Allowing families to make choices on where they send their child makes them feels more involved,more effective and more satisfied as parents. statistics Schools are receiving funds for students that specialize in certain areas that will help them achieve their goals without having to spend a lot of money. Will involve parental guidance because parents and child need to make the choice that is best for the child and the family. Can help students get into better colleges with the money they are saving Private schools make up about 28% of all elementary and secondary schools 73%of those students now attending private schools using vouchers were already enrolled the previous year Will satisfy students wants and needs Will force schools to have high quality teaching in order to keep students attending their school will cause competition among schools attendance will increase among the private schools School Vouchers School Vouchers makes schools more accountable

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