18 Free Sample Cash Voucher Templates

A Cash Voucher is a simple document or financial paper that is used instead of actual money or cash. It is important to understand that the cash value of a common voucher can’t be less than the amount that was paid for it in the first place. It can either be equal to or higher than the price paid for it. A person with a Cash Voucher can reimburse the expenses of his purchase or shop with the vouchers or he can at least get a discount from the vendor by presenting the cash voucher. Another form of this same voucher is commonly known as Petty Cash Voucher. This document serves as the receipt for the payment made to someone from the petty cash account. Usually, departments and internal divisions in a company that get petty cash from the finance, ask the employees to fill out a cash voucher and present it if they want the finance department to reimburse their official or work-related expenses.

Key uses and purpose of Cash Vouchers:

The uses and purpose of a Cash Voucher depend on the type of the voucher i.e. as a receipt or coupon. When you are using the voucher as a receipt for the cash paid to someone, this will serve as proof that the person asking for the money was paid. In the same manner, when a department in a company is given petty cash for general purposes, they are asked to keep the receipts or vouchers for all the payments given to the employees.

On the other hand, when we talk about cash vouchers in sense of coupons and gift certificates, the use of these documents is completely different. You can ask for the vouchers from various places i.e. fast food restaurants, gift shops and grocery stores and give them to someone as a gift for a special occasion i.e. birthday. That person then can use the vouchers to pay for the purchase instead of money. You can also use these cash vouchers to get discount on shopping on the items that are mentioned on the voucher.

General Benefits of Cash Vouchers:

While talking about the cash vouchers that are used in companies for financial purposes, the key benefit is that the finance department can make sure that the employees are not overusing the petty cash and they are only asking for the reimbursements that are allowed by the company. During audit, these vouchers are also presented to internal and external auditors and with these cash payment receipts; they can see how much cash was used for general items and how much the employees spent on traveling, food and out of town stays for work purposes.

Cash vouchers that are used as coupons and gift certificates have their benefits too. Companies usually use these coupons to attract customers and buyers towards a new product that’s not recognized by the market. With offering discount on the purchase of new or less-known products, companies increase awareness and brand recognition among the users and buyers. This cash voucher when used for specific items and products also provide the benefit of selling leftover or near to expiry stock for the vendor. For the discount offered on the cash voucher, customers will buy the product that is about to expire or go out of season.