Payment Voucher - West Virginia

Payment Voucher is a legal document that was released by the West Virginia Department of Health and Human Resources - a government authority operating within West Virginia.

FAQ

Q: What is a payment voucher?
A: A payment voucher is a document used to authorize and record payments made by an organization.

Q: What is the purpose of a payment voucher?
A: The purpose of a payment voucher is to provide a written record of a payment transaction.

Q: Who uses payment vouchers?
A: Payment vouchers are used by organizations, businesses, and government agencies to track and document their payments.

Q: How does a payment voucher work?
A: A payment voucher is created for each payment made, containing details such as the payment amount, recipient, and purpose. It is then authorized by a responsible person and recorded in the organization's financial records.

Q: What information is included in a payment voucher?
A: A payment voucher typically includes the payment amount, payee name, payment purpose, date, and any supporting documents or references.

Q: Are payment vouchers required by law?
A: Payment vouchers are not generally required by law, but they are commonly used by organizations as an internal control measure to ensure accurate and accountable handling of payments.

Q: Can payment vouchers be used for cash payments?
A: Yes, payment vouchers can be used for both cash payments and payments made by check or electronic transfer.

Q: How long should payment vouchers be kept?
A: It is generally recommended to keep payment vouchers for a period of at least three to seven years for record-keeping purposes and potential audits.