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jamesbale
3/22/13, 10:04 AM

To understand difference take an example:

Account are like box of money and journal like a book. You transfer money from one box to other box and what you transfer do entry in journal.

2 Comments
Muhammed Rafeeq
3/26/13, 1:45 AM

Awesome, thanks for your reply... simply it is helpful...

nikesh
7/2/18, 6:07 AM

Awesome explanation (y)

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Kevin McMenamin

--Kevin McMenamin--

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--Kevin McMenamin--


Kevin McMenamin
3/21/13, 3:52 PM

An account is a value that enables like transactions to be aggregated - for4 example, sales is an account. A journal is a way of flagging the type of transactions - for example, a sales journal versus a bank journal. This way in your bank ACCOUNT you can see what transactions came from sales (as they were generated by a SALES JOURNAL) and those from bank. In OpenERP the journal may set default entries (e.g. the bank journal sets the bank account to be used for the bank posting).

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