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If youre getting a disbursement check its likely because you aid is larger than your cost of attendance. This money does still have limits on what youre supposed to do with it. If you cant find out why youre receiving this money call the financial aid office with the number on their website.
What does disbursement mean?
: the act of paying out money especially from a fund : the act of disbursing. the disbursement of government funds. also : funds paid out. received monthly disbursements.
What is a disbursement voucher?
The DV is a form used to pay an obligation to employees/individuals/agencies/creditors for goods purchased or services rendered. It shall be prepared by the Requesting Office/Unit.
What does disbursement check voucher mean?
Disbursement Voucher (DV) A cash disbursement voucher is a method used by some organizations to authorize cash payments to vendors for goods and services, to individuals for petty cash fund reimbursement, or for other special fund disbursement payout purposes.
What is the main purpose of a payment voucher?
A payment voucher is a formal document that records payments made by a business to a vendor, supplier, employee, or any other external or internal party. It serves as a proof of payment and acts as a crucial part of a companys financial and accounting process.
If the distribution of items is comparatively simple, but the volume of the corresponding invoices is large, disbursements will dominate accounts payable. In.
Disbursement Voucher. A Disbursement Voucher is a form used to have a check made to pay an individual or an organization for merchandise sold or services
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