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Purchase Voucher Vs Journal Voucher

Internal Audit 9069 views 1 replies

Hello Friends,

I would like to know the basic difference between Journal Voucher and Purchase Voucher in general as well as the difference in TALLY.  I mean, When is a Journal Voucher and Purchase Voucher used for any transaction?


Thanks in advance.


Jaswanth.

Replies (1)
wen u r purchasing any assets then go for journal entry. and wen u r purchasing things other than assets which includes ur stocks then use purchase voucher


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