Have you ever use journal voucher before?
Did you know the differences between Journal Entry and Journal Voucher? When is the right time to use a journal voucher or journal entry?
Let’s take a look.
The differences between Journal Entry (JE) and Journal Voucher (JV) is located in the effect of the value from the journal on the balance on the account.
Journal Entry, when posted by user, it will be affected the balance of the account directly.
But for Journal Voucher, when posted, it won’t be affected the balance of the account directly, it will need a few more step to do before posting and affect the balance.
On Journal Voucher, you must be click “Post Voucher” button to finalize that journal to be posted directly on that account. If you haven’t pressed the button, your voucher will be forever stay as voucher only, not real posted yet.