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a purchase voucher is generated at the time of purchasing goods or services, documenting the purchase details, while a payment voucher is created when making a payment to the supplier, recording the payment details.
An invoice covers all the products and services delivered to the client, the total amount due, and the preferred method of payment whereas, a voucher is an internal document used in a companys accounts payable department.
A voucher is a document used to process payments in a company. A payment voucher is a record of payments made by a business to suppliers for various purchase orders. Payment vouchers consist of a purchase order, shipping receipt, and invoice.
When a company buys goods on credit or cash, Purchase voucher is used to record all the Purchase transactions of the company.
Sales voucher is used to record the sales transactions and purchase voucher is used to record the purchase transactions.
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People also ask

Vouchers document that the goods purchased were actually received, which supports the auditors assertion that the goods and services posted to the financial statements truly exist. Vouchers also justify the firms cash payments to vendors and document the general ledger accounts used to post the transaction.
Purchase Order Vouchers The Purchase Order (PO) Voucher is used to request a payment for goods and/or services that were ordered using a special item purchase order. This includes items such as computer equipment, maintenance contracts, lab equipment, etc.
It is a receipt given for cash paid or payment made through cheques. It support the entry passed in the books of accounts. It gives full details, of payments made and gives reasons for its payment. Purchase voucher is an important document giving details of the goods purchased on cash or credit from the vendor.

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