How to configure Journals in Odoo 13?

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Published on ● Video Link: https://www.youtube.com/watch?v=w5s1oYw5YAE


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Guide
Duration: 11:10
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An accounting journal is a record of transaction exchanges requested by date, these transactions are recorded in the name of journal entries. Each journal entries show account names and their credits and debit values.

Video Contents:
00:00 Introduction
00:42 Create a new journal in Odoo 13
02:01 Bank Type in Journal Creation
02:51 Miscellaneous Type in Journal Creation
03:42 Sales Type in Journal Creation
08:06 Journal Entries in Odoo accounting

In Odoo we can create different types of journals. Sales, Purchase, cash, Bank and miscellaneous are the basic five types of journals in Odoo. Each journal types have different rules like sales journal used to post sent customer invoices, purchase journal used to post received vendor bills, cash type journal used to track daily cash transactions as well as the received customer payments, bank for post your bank statements, track customer or vendor payments and all other transactions recorded by your associated bank account, then the last one is Miscellaneous journal type, it is used for anything that doesn’t fit into the above types.

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