Wednesday, August 1, 2012

Difference between a Bill and a Voucher.

Difference between a Bill and a Voucher.
Rule 16 of the Bihar Treasury Code mentions that every claim shall be presented in the prescribed format. Bill is a statement of claim prepared on the prescribed form with an objective to present it before treasury to withdraw money. There are different types of bills described in the Bihar Treasury Code. Whereas, a voucher is a pre-receipted bill. When a bill is prepared and signed by a DDO, with quoting “received payment” it becomes a voucher. In other words, if a bill is paid and treasury voucher no. is generated by the treasury, it becomes a voucher.

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