Difference between Journal Entry and Journal Voucher




Before discussing Journal Entry and Journal Vouchers, let's discuss the basic meaning of the Journal itself. Journal in Accounting is a recording of all types of evidence of financial transactions in a company within a certain period. In SAP Business One, the journal concept is divided into 2, namely Journal Entry and Journal Voucher. What's the difference between the two? Check out the following discussion:

The second difference between Journal Entry and Journal Voucher lies in the influence of the journal value on the account balance. If the Journal Entry has been posted, the journal value will immediately affect the balance in the account.


 


Meanwhile, when the Journal Voucher is posted, it will not directly affect the balance value of an account. Where several steps must be taken so that the journal can be posted and affect the account balance.