Journals

Journals classify entries by nature (sales, purchase, bank, cash, miscellaneous) and set default accounts and automatic numbering.

Path: Accounting → Configuration → Journals

1. Open Accounting → Configuration → Journals to list all journals.
2. Note the five types: Sales, Purchase, Bank, Cash, Miscellaneous.
3. To create a journal click New and enter the name and Short Code.
4. Choose the Type; Odoo then shows the relevant fields (e.g. bank account number).
5. In Accounting Information set the Default Account.
6. For bank/cash journals enter the Bank Account to link it to reconciliation.
7. Save; the journal becomes selectable when creating invoices, payments and entries.