A bond is a financial document showing what the issuer of the bond owes to the owner of the bond, which aims to increase the capital of State enterprises, companies, and entities as well as ensure the updating of the financial record.
There are many types of bond templates, such as a receipt voucher and a payment voucher; the types, definitions, and conditions of each of them vary according to several factors.
The bond form contains several pieces of information, such as the customer’s name, any existing fees or taxes, the date of sale, and the items sold and purchased, in addition to their price.
Those bonds are now electronic, to make it easier for everyone.
What is a receipt voucher?
It’s an electronic or paper-written receipt between two parties, used to increase capital.
It confirms that the issuer will perform a specific financial transaction, and the form of the receipt voucher must include the following:
- Serial number of the bond.
- The seller, the name of the supplier, as well as the address.
- Description of the service provided.
- The address and name of the recipient
- Date of issuance of the bond.
- The amount spent in numbers and letters
- Signature, seal.
What is a payment voucher?
It is used to record the company’s payments to suppliers and sellers.
It shall be considered a record of payments that can be consulted at any time, and the form of any payment voucher must include:
- Serial number.
- Digital or written signature of both sides.
- Description of the service provided.
- Time and date of sale of the service.
- The address and name of the provider
- Tax rate.
- Date of issuance of the bond.
- The amount of money previously spent
Some types of receipt voucher and payment voucher templates
Bonds are usually classified according to their issuer, function, interest rate paid, and supporting collateral.
There are many types of bond templates, the most important of which are:
receipt voucher template
There are many commonly used types of receipt vouchers, the most important of which are: bank receipt vouchers, sales receipt vouchers, cash receipt vouchers, donations receipt vouchers, credit card vouchers, rent receipt vouchers, in addition to travel expense vouchers, journal receipt vouchers, and redemption vouchers.
Word receipt voucher form
To make a financial receipt voucher, several pieces of information must be available within the contract, and that information does not change from one contract to another. It is as follows:
- The name of the company that drafted this contract
- Date of release of the contract.
- Explain the reasons for which this money is delivered.
- The amount of money spent in numbers and letters
- The name of the person who delivered the money is the same as the name on the card.
- The manner of taking the money is mentioned, and if it is a check, all the data on the check is mentioned.
- The signatures of both parties as well as the person responsible for preparing this contract
payment voucher
It is a declaration by the creditor (owner of the bond) to the issuer.
There are two types: a check payment voucher
a cash payment voucher
, which is worth mentioning as having specific characteristics, so that the accounts are correct.
Word payment voucher form
There must be no material transaction without the form of the exchange bond; it must be amended to ensure the legal rights of the employer.
The form of the payment voucher form is divided into two parts: Receipt voucher and
As well as a salary payment voucher. It should be noted that the information that must be included in a cash bill of exchange is the following:
- Classification and description of the bond.
- Date of issuance of the bond.
- How to spend the amount
- More details on the issuer of the bond
- A bond code.
- It must be ascertained that there is another copy of this document.
- Clarification of the amount spent in detail.
Excel payment voucher form
This bond is of great importance to many companies.
It is an order to disburse a certain amount of money in exchange for a service, and one of the best features of the Excel payment voucher model is that it can be easily downloaded and modified at any time.
Steps to Add a New Customer Bond Receipt on Qoyod
You can easily create a new customer bond on Qoyod, which is the best accounting program ever, by following:
- Press Customer Bonds from the Sales drop-down menu.
- Then press “Create Client Bond” at the top of the page.
There is another way: to click on “Sales Invoices” from the sales drop-down menu.
- Then press “Create Client Bond” at the top of the page.
- Specify all new sales bond data and include all the details that appear before you.
- Press “Save” when a new customer’s bond will be added. You will be automatically switched to the bond management page, where you will find the bond you have added.
Conclusion
All bonds are usually used to increase the capital of the relevant companies and institutions.
However, it is a type of debt, as the issuer of the bond makes a promise of payment to the bond holder. There are many kinds of bookings.
For example, in sales receipt vouchers, cash receipts, etc., there are two types of exchange bond templates: a check payment voucher and a cash payment voucher.
At the end of this article, we would like to highlight the importance of the Qoyod program in the field of accounting.
It’s the best and easiest accounting software, and it doesn’t require downloading; all you need is your device’s internet connection.
It is worth noting that Qoyod issues all types of bond templates, including the receipt bond template.
As well as a voucher template, it also offers various electronic invoice systems and a point of sale system to meet what you need in the field of accounting.
Now that you know all that, what are you waiting for? Try Qoyod now for free for 14 days.
