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welcome to academic game tutorials in this video we will look into the differences between voucher and invoice to keep a complete record of business transactions vouchers and invoices are maintained by the company in support of the financial statements voucher refers to a printed document that is used as a witness for a transaction like the purchase of product or asset payment of the liability it keeps a record of the ledger account in which the transaction is recorded as against this the invoice is a non-negotiable instrument prepared by the seller and sent to the customer containing the details of merchandise such as quantity quality date of delivery terms of payment price tax etc so lets look into the basic differences between voucher and invoice in a tabular form difference number one the voucher is termed as a written internal document used for recording a liability or debt to make payment to the supplier or seller of goods or services whereas an invoice is termed as a written c