Types of Journals

There are two major types of journals:

Internal - where the journal is generated from within the General Ledger module i.e. General Journals; and
External - where the journal set is created from transactions in external modules e.g. creditor invoice from the Creditor module, stock transfer from Inventory

Within these major categories there are several types of journals:

Internal

Normal journal - to post day to day journal sets
Template or recurring - journal set created as a template for regular journal transactions with repeating instructions set to control the posting of sets created from the template. The journal created from the template is posted when an Auto Journals transaction is created for the relevant posting date
Pending - a journal set with no posting date so that it can be held until required
Reversal - a normal journal that is being reversed at a predetermined date

External

Normal - where the journal set is valid and has been posted to the ledger with the Description field referencing the originating transaction e.g. Receive Inventory
Errored - where the journal set has not been acceptedThis will only happen when the system in the Ledger tab - SaveErroredSets is ticked. by the General Ledger - e.g. set not balanced, incorrect dates, missing account number(s)