Purchase Voucher Vs Journal Voucher

CA Finalist (Article Assitant) (289 Points)

13 January 2011  

Hello Friends,

I would like to know the basic difference between Journal Voucher and Purchase Voucher in general as well as the difference in TALLY.  I mean, When is a Journal Voucher and Purchase Voucher used for any transaction?


Thanks in advance.


Jaswanth.