Schools in the US are funded in accordance with the level of school. The state governments gather and distribute a significant amount of funding for schools through state sales and income taxes, lotteries, and property taxes. Local governments also often contribute through their respective taxation systems as well.

Public funding should be used to ensure that all students have access to a quality public education, but voucher programs divert funding away from public schools.

It found that students who used vouchers did not see academic gains in their new schools and that they performed worse, on average, than their matched peers in the public schools that they left. In the 2015-16 school year, the program served more than 7,000 students.

Advocates argue that vouchers can make improved educational opportunity available to disadvantaged students. Critics contend that vouchers increase the risk of stratification. Researchers have found that Chile’s voucher program has lead to increased socioeconomic school segregation.

School vouchers offer students in failing schools access to a better education. Parents who cannot afford homes in neighborhoods with great school districts are often doomed to send their kids to bad schools with less funding, fewer good teachers, and fewer opportunities for students to excel.

States offer school voucher programs as a way to give parents choices in what school their child attends. Parents receive funds to use toward the cost of private school. This funding is removed from the public schools and given to the private schools. (It’s typically less than what a state allocated per student.)

In the form of an eCode that you can redeem online from a selection of supermarket ‘eGift cards’ if the school has a working email address for you, or; If you do not have an email address or access to the internet, your school will print off the voucher, or ‘eGift card’, and post it to your home address.

A voucher check is a form of official payment that creates an audit trail about that check’s payment details.

two types

Create Voucher Types

1. Gateway of Tally > Create > Voucher Type.
2. Enter the Name of the voucher.
3. Select the type of voucher as Sales.
4. Enter the abbreviation in the Abbreviation field, if required.
5. Select the Method of voucher numbering from the Methods of Numbering list, which appears as shown below:

A journal voucher is a document on which is stored the essential information about an accounting transaction. This voucher contains the following information: Unique identifying number. Transaction date.

PROCEDURE OF PREPARATION OF VOUCHERS

1. Serial number of voucher.
2. Type of Voucher.
3. Date of Voucher.
4. Debit Column.
5. Credit Column.
6. Amount in figures and words.
7. Total Column.
8. Particulars column in which brief description of the transaction is being mentioned.

The voucher is important because it’s an internal accounting control mechanism that ensures that every payment is properly authorized and that the goods or services purchased are actually received.

Payment voucher is used to record a payment of cash or cheque. Payment vouchers are of two types: • Cash Payment voucher • Bank Payment voucher Cash Payment voucher denotes Payment of cash. Bank Payment voucher indicates payment by cheque or demand draft.

A voucher is a document that contains details of a financial transaction and is required for recording the same into the books of accounts. For every transaction, you can use the appropriate Tally voucher to enter the details into the ledgers and update the financial position of the company.

Debit voucher is also known as a payment voucher. This voucher is used when an organization pays to others for Salary and wages payment, Payment for Raw materials, Loan repayments etc. These payments can be made in the form of Cash and Bank payment.

When cash is going out of the business Payment type of voucher is used.

When a company buys goods on credit or cash, Purchase voucher is used to record all the Purchase transactions of the company. Go to Gateway of Tally > Accounting Vouchers.