Hi Good day to all,
I am a newer in openERP, In Journal creation we can add more accounts or account types for entry controls, but i can't get the idea of accounts and journals, But i have an idea about ledgers and Journal entries in tally. so pls give me a suitable reply in a simple language, what is account and journal and in a customer payment, what is the purpose of journal , give me a simple example for the above, pls...
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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|Asked: 3/21/13, 10:46 AM|
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|Last updated: 3/31/15, 1:02 AM|