What is Cash Receipt Voucher number (CRV)?
I have heard about this terminology somewhere while studying. I want to know the purpose of the Cash receipt voucher. There are similar voucher like Cash payment Voucher, Bank payment Voucher, Bank Receipt voucher. If someone can throw some light on CRV, it would of great help
- HighlandboundLv 61 decade agoFavorite Answer
A CRV or Cash Receipt Voucher is a simple document giving information on a payment made to the business. This could be as simple as a copy of a check or the remittance received with the check which indicates what the check is paying for.
The term voucher is used pretty universally across all areas of accounting to simply indicate a document used in the various accounting cycles, so a Bank Receipt Voucher is probably more commonly known as a receipt, and a Cash Payment voucher is probably a Check, or a receipt for payment.