![]() ![]() When one talks about “accounting,” they often implicitly refer to one or more of various distinct financial processes:īookkeeping. And using it for yourself is a simple and powerful process you can use to drive your entire financial life. The fact is, the double-entry method is a basic technique that everyone should have been taught in high school. This document attempts to explain what command-line bookkeeping is about in concrete terms, what you will get out of doing it, how the various software pieces fit together, and what kinds of results you can expect from this method. Usually they end up thinking it is too complicated to actually get started with. They might think it is a system to support investment portfolios, or something that I use to curate a budget like a stickler. Finally, there are those who get really excited about the idea of using a powerful accounting system but who don’t actually understand what it is that I’m talking about. They have at least 20 accounts to their name it’s only when we go through the details that they realize that their financial ecosystem is more complex than they thought. These are most often blissfully unaware how many accounts they have and have only an imprecise idea of where they stand. Other times, after I describe my process I get incredulous reactions: “Why do you even bother?” Those are the people who feel that their financial life is so simple that it can be summarized in 5 minutes. Sometimes I hear echoes of desperation about their own finances: many people wish they had a better handle and understanding of their finances, they sigh and wish they were better organized. When I tell people about my command-line accounting hacking activities, I get a variety of reactions. This text provides context and motivation for the usage of double-entryĬommand-line accounting systems to manage personal finances. A Proposal for an Improvement on Inventory Booking.A Comparison of Beancount and Ledger Hledger.Running Beancount and Generating Reports.
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