Bile juice is secreted by the liver, which is a yellowish colour fluid. The main function of bile juice is to digest the lipid molecules and to activate the lipase enzymes. They also help us to absorb fat soluble vitamins like A, D, E and K and make the food alkaline. The pancreatic juices are secreted by the pancreas.
The pancreatic juice contains enzymes that complete the pancreatic amylase starch digestion. It also includes pancreatic enzymes that complete the digestion of trypsin, chymotrypsin and carboxypeptidase named protein. Pancreatic juices are responsible for fat digestion because the pancreas is essentially the only source of lipases.