Accounting entries record a broad range of business events, consumption of resources or actions by agents. They are organised and logged in either a general journal or, more frequently, in several specialised sub-journals. Examples of journals include purchase, sales, bank, inventory, fixed assets and more, according to the organisation of the accounts.
The scope of this project is to build a standard accounting book, sorted by journals, as needed for bookkeeping, accounting and auditing practices. A special attention is drawn to the archival of accounting books.
As such the project will complement the existing UN/CEFACT business standards for accounting that cater for entries sorted by vouchers, periods, and by accounts. The new standard will enable exchanges sorted by journals.
The standard accounting book will be available to, and usable by all businesses activities. The project covers business of any sizes, in-house as well as outsourced accounting processing. It can support national, regional and international requirements, independent companies and conglomerate, and concerns all activity domains. | 
