Purpose of Issuing Payment Voucher :
Payment Voucher ( PV) is document which can be used as proof that a monetary transaction has occurred between two parties. In business, a payment voucher can be used for a variety of purposes, sometimes taking the place of cash in a transaction or indicating that an invoice has been approved for payment.
Who issues payment voucher (PV) :
It is filled out by accounting and finance department for payment process.
Who receives Payment Voucher (PV):
Payment is received by supplier/seller ( accounting & finance department), but in practice, payment voucher is not sent to supplier because it is internal document of company.
Sample Format of Payment Voucher (PV):