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Payment: These types of vouchers is a proof of payment by cheque or cash. Receipt: These vouchers help in the recording of the receipts. If the payment is received from a customer, then a voucher will be prepared as a proof to the transaction. Purchase: This voucher is made as a proof to the purchase. This helps in determining whether the entity has actually carried out the purchase.
My guess is that an invoice is for completed supplies or services, while a voucher is for interim payments (progress payments, interim payments on cost contracts, etc.). The distincition will not make a difference in what I am working on, but I do want to use the proper term. TIA. 1  Back to top.