Vouchers are created upon receipt of a vendor invoice and serve as the official record required to authorize and process payment. After verification, vouchers move through approval queues before being released for payment and check printing. They support early payment discounts, credits, journal entries, and can be generated directly from purchase orders—ensuring accuracy by pulling received quantities and details, with recurring purchase orders able to auto-generate vouchers for review. Vouchers may only be created for CUST/VEND or VENDOR records, cannot be posted earlier than a linked purchase order’s received date, and include pre-populated but editable vendor-based fields such as terms, tax settings, and bank account.
For detailed instruction, see sub topics to the left.