Bookkeeping Source Documents
Bookkeeping Basics
A source document is an original record which contains the detail that supports or substantiates a transaction recorded in an accounting system. The source document contains the details of a business transaction. A source document identifies the key information about a transaction, such as the names of the parties involved, amounts paid (if any), the date, and the substance of the transaction. Source documents are frequently assigned a unique number, so that they can be identified and tracked in the accounting system. The pre-numbering of documents allows a company to determine whether any documents are missing.
Souce Documents can be internal as well as external documents.
Examples of External Documents
- Supplier Invoices
- Bank Statements
- Creditor Statements
- Customer Checks
- Customer Remittance Advice
Examples Of Internal Documents
- Checks
- Deposit Slips
- Expense Reports
- Customer Invoices
- Customer Statements
- Materials Requisition Form
- Receiving Reports
- Depreciation Schedules
- Sales and Purchase Orders
- Time Cards
- Sales Receipts
- Credit Memos
- Packing Slips
- Cash Register Tapes
- Supplier Invoices
- Supplier Statements
Source Documents Videos