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Supply chain | Supply Chain Management, Commerce
Answered

What is the different between Invoice journal and Vendor Payment Journal?

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Posted on by

Hello everyone,

I just little confused, What is the difference of "Invoice Journal" and "Vendor Payment Journal"? 

What are the different function they do individually? 

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Thank you for your time for in advance.

I have the same question (0)
  • Suggested answer
    BillurSamdancioglu Profile Picture
    20,713 Most Valuable Professional on at

    Hi,

    One of the is Invoice journal and the other is vendor payment journal.

  • D R Sahu Profile Picture
    on at

    hello Billur,

    Thank you for your correction.

  • Verified answer
    BillurSamdancioglu Profile Picture
    20,713 Most Valuable Professional on at

    In this case,

    Vendor payment journal is to pay the invoices.

    Invoice journal is to post the invoices that are not related to PO.

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