wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What is the difference between vouchers and invoices?


Open in App
Solution

The difference between vouchers and invoices are:

INVOICE

VOUCHER

An invoice includes details of the goods purchased from a particular company.

Vouchers contain details of the total quantities, the total amount of the goods purchased, and the ledger to which it has been recorded.

An invoice is a list of goods sold or services rendered, issued by the supplier to the customer when sales are made.

A voucher is a document for recording liability.

There are four types of invoices.

There are six types of vouchers.

Also see: Difference Between Source Document and Voucher


flag
Suggest Corrections
thumbs-up
7
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to Banking
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon