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What is the difference between purchase voucher and journal voucher?

Updated: 9/28/2023

Omidijitolulope ∙

Lvl 1

∙ 12y ago

Best Answer

if we purchase assets on credit then we will pass its entry in journal voucher n if we buy anything other then asset related to our business then we will go for purchase voucher..........

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∙ 12y ago

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What is different between journal entry and journal voucher?

ones a journey entry and the other is a journey voucher

Define the difference bw cash receipt journal and cash receipt voucher?

Noting

Is a journal voucher also a journal entry?

No, These two are different. Journal vochar is document through which journal Entries are made in books of accounts

How does the voucher register eliminate the purchases journal and the subsidiary accounts payable ledger?

Because voucher register has all the necessary records that found in the purchases journal and subsidiary accounts.

What form is used to correct an EEIC transaction?

OF 1017-G, Journal Voucher

Related questions

What is different between journal entry and journal voucher?

ones a journey entry and the other is a journey voucher

What is difference between bill and voucher?

what is different between bill and voucher

Define the difference bw cash receipt journal and cash receipt voucher?

Noting

What is used to correct a rccc ba or an eeic?

OF 1017-G, Journal Voucher

When you write purchases in journal voucher in tally?

When the purchase is of the item that is sold by you ( in trading business ) or it is not the raw material ( for the manufacturing unit ).

Tally 7.2 purchase voucher as voucher mode?

i want to use reference of a customer in journal entry to clear the due balance of customer from finance company. how i ll do that? please help me.

Is a journal voucher also a journal entry?

No, These two are different. Journal vochar is document through which journal Entries are made in books of accounts

How can you cancel the journal voucher in tally?

If you want to cancel the voucher open the voucher perss Alt+X then it will cancel

What is the difference between coupon and voucher?

NONE!!!!!!!!!they are exactly the same

You what to tally 7.2 shortcut key?

i want to one side and other side tally transfer youse in email

When to pass journal voucher?

Journal voucher is prepaired when non cash transaction is taking place. e.g Bank charges,Sales/income tax,depriciation etc.

What is the difference between receipt voucher and payment voucher?

Receipt voucher would be for the other person paying it, to say you received it. Payment Voucher would be for your side, where you're the one paying. To show a debit..

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