Difference Between Cash Memo And Voucher
Voucher is a n internal document issued b y the compa ny for its own b usi ness records w hile Cash Memo is a n exter nal document issued b y the seller to its customers / b uyers as a n evidence of receipt and payment of cas h. Cash Memo is issued b y the seller after receivi ng t he payme nt from t he customer while a voucher is issued b y the compa ny after the receipt of a n Invoice in accounts payab le departme nt from supplier or vendor.