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Hledger 1.50

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Re: Hledger 1.50

#12
post #8

Shouldn't it be possible to encapsulate something like this with SQLite and produce an accounting engine that can guarantee consistent numbers and generate key numbers (trial balance, P&L, gearing, ...) ?

It is yes, but this is for Plain Text Accounting which allows you to put your books in version control which is an interesting way to keep track of changes over time.

Re: Hledger 1.50

#13

Earlier quoted context omitted.

This is a website for posting with other people, but this post sounds like an LLM prompt.

I think the person you are answering to was asking for a book recommendation.

Yes, I was asking for a book recommendation. I forgot to add a question mark, or should have phrased it as "I'm looking for...".

My comment was generated with my brain and entered through my keyboard. I've been submitting and commenting on HN with this account since 2012.

Re: Hledger 1.50

#14

Earlier quoted context omitted.

I think the person you are answering to was asking for a book recommendation.

Yes, I was asking for a book recommendation. I forgot to add a question mark, or should have phrased it as "I'm looking for...". My comment was generated with my brain and entered through my keyboard. I've been submitting and commenting on HN with this account since 2012.

LLM prompts tend to be generated like that, though.

Here, your question prompted on chatgpt. You're welcome. https://chatgpt.com/share/68b9abc5-ae94-8007-b90e-cf210c3182...

Re: Hledger 1.50

#15
I’ve written a bunch of Python scripts to do my books using hledger. The nice thing is I no longer pay the $75/month for Quickbooks.

Sure it means I can’t hire a bookkeeper to do my books anymore but it literally takes me like 15 mins to do my books since I can just add rules to my scripts as needed and most of my business now has a standard AR and AP.

Re: Hledger 1.50

#16
post #8

Shouldn't it be possible to encapsulate something like this with SQLite and produce an accounting engine that can guarantee consistent numbers and generate key numbers (trial balance, P&L, gearing, ...) ?

> Shouldn't it be possible to encapsulate something like this with SQLite and produce an accounting engine

Indeed! https://www.gnucash.org/

> that can guarantee consistent numbers

It was consistent, and now it's transparent and user-friendly.

> and generate key numbers

Yes, hledger generates useful reports including trial balance, p&l

Re: Hledger 1.50

#18
I used to use GnuCash, but a small yet constant irritation for me was how the entry's date (that is, the date when I authorized the transaction) wouldn't always match the clearing date of the transaction as reported by my bank in their statements.

hledger, however, has support for adding 'posting dates' as specially formatted comments. What's really clever is how it automatically chooses which date to sort the reports by depending on the query!

For example, say I have a ledger that exclusively contains entries consisting of credits to a assets account (bank) and debits to an expense account (shopping). The date of the debit is earlier, because I acquired the goods at the shop. The date of the credit is later because it takes a while for the payment to clear between the banks. Some payments take longer to clear than others so the order isn't the same.

If I ask hledger for a report of all recent transactions that involve expenses, it will sort by the dates on the debit lines. But if I ask hledger for a report of all the recent transactions that involve assets it'll use the credit dates instead! This makes reconciliation with my bank statements so much easier and tidier whilst still keeping an accurate record of when I actually made the transactions.

Re: Hledger 1.50

#19
post #8

Shouldn't it be possible to encapsulate something like this with SQLite and produce an accounting engine that can guarantee consistent numbers and generate key numbers (trial balance, P&L, gearing, ...) ?

> Shouldn't it be possible to encapsulate something like this with SQLite and produce an accounting engine Indeed! https://www.gnucash.org/ > that can guarantee consistent numbers It was consistent, and now it's transparent and user-friendly. > and generate key numbers Yes, hledger generates useful reports including trial balance, p&l

FWIW, GnuCash supports multiple backends, sqlite, a couple of popular sql servers, and I believe the default backend is XML.

Re: Hledger 1.50

#20

Book (digital and/or print, free and/or paid) recommendations to learn proper and effective use of this kind of accounting to manage personal/family and self-employment finances. Best resource would assume competency in undergraduate-level math, but assume no financial competency beyond "you have a checking account, maybe a credit card, and are familiar with receiving income and making payments, and you understand th…

This is a website for posting with other people, but this post sounds like an LLM prompt.

Weird. You're right, but I can totally see the OP's POV as well.

This reminds me of the way clickbait/spammy style (or, before that Headline-ese and News-speak) invaded interpersonal communication. LOL. Evolution of language WTF, AIR?

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