Difference Between Journal Voucher And Payment Voucher
A Jour nal Vouc her is a n evidence document of Busi ness Transactions . It is like a Journal wit h aut h enticated and verified accounting information related to a transaction from qualified chartered accou ntant firm. It involves non cash items, i.e., Adjustments and Correcting Entries . Payme nt Vouc her is prepared as a n evidence of payments made to suppliers, vendors, b a nks, etc. A journal vouc her co ntains verified accounting information related to Date, Particulars, Accounts involved in t he tra nsaction, amounts , supporti ng evidence documents of e ntry suc h as voucher, receipt or a n invoice a nd aut horized sig natures . Payme nt Vouc her i ncludes t he date, payme nt amount, account numb er, address, name of accou nts payab le to whom the payme nt is made , signatures and ot h er relevant information as required.