Accounting Dictionary - Letter V
is (1) a document used as evidence of a cash disbursement (e.g., canceled check, petty-cash receipt); (2) a form that contains all necessary information about a bill to be processed or paid; and (3) a document used as evidence of a cash disbursement authorization (e.g., payroll, invoice from a supplier).
Don't see the term you are looking for? Try searching our entire website: