What is the difference between account and journal ?

Question

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...

jamesbale · Accepted Answer

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.

ignacio@glodea.com · Answer

Whats happen if I have more than one Income Account?
1.0 Income
1.1 Products Sales Income
1.2 Services sales Income

Kevin McMenamin · Answer

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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