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what's the difference between a "Journal" vs an "Account"?

By
gunnar
on 1/4/15, 12:41 AM 1,079 views

can someone kindly explain what's the difference bewteen "Journal" & "Account"  in the accounting of odoo?

Or maybe it's more explaining like how do they play together?

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Zbik

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Zbik
On 1/4/15, 8:58 AM

Journal is a book in which you write operations on a group of related Accounts. In the simplest case of a group you have one Account for the Credit and second Account for Debit. Journal group of operations with similar characteristics (Sales, Purchases, Bank etc.). For example, look at the demo system, menu Invoicing/Journal Items (or Accouting/Journal Items).

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Bharat Devnani
On 1/4/15, 5:04 AM

thanks for the links. Honestly they didn't help really though. I read the explanation but things are not clearing up at all. I see only more terms that I might have heard but don't quite understand in the explanations. ... so it actually adds up confusion more then clarifying.

gunnar
on 1/4/15, 6:07 AM

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Asked: 1/4/15, 12:41 AM
Seen: 1079 times
Last updated: 3/16/15, 8:10 AM