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Amitabh Ranjan
Amitabh Ranjan Asked About 'WHAT IS DIFFERENCE BETWEEN PAYMENT,JOURNAL AND CASH VOUCHER? :: Frequently Asked Questions on QueryCAT'

What is difference between payment,journal and cash voucher?

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TheBeastFromTheEast
TheBeastFromTheEast Answered:

Well a cash voucher is basically a certificate giving you the ability to spend cash in a certain way. In the specific place it is meant to be spent it is equivalent to money but it cannot be redeemed for cash.

A journal is the book in which transactions are recorded.

Payment is basically the way people choose to purchase a product. It can be done in a few ways and it can be spread over a period of time.

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