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I have actual accounting experience so by your first point I am qualified to comment. I doubt CLI snobbery is a factor; that would be infantile. I suspect oth
by inopinatus 11y ago
I have actual accounting experience so by your first point I am qualified to comment.
I doubt CLI snobbery is a factor; that would be infantile. I suspect others downvoted you for taking the default position that the status quo is the best prospect - hardly a hacker's point of view and certainly not in keeping with the startup community.
Had Rod Drury agreed with you, he might never have started Xero.
My finding is that once one is trained in the basics of double-entry book-keeping, accounting standards, finance and taxation, then any package that keeps appropriate records and generates the right reports will do. To which end, Ledger seems a perfectly reasonable choice for a micro business or self-bootstrapped lean startup. Comparing it to an ERP platform is a non sequitur. A better discussion might be around the transition triggers.
Moreover, Ledger could serve as the accounting module of a larger system that benefits from double-entry book-keeping, such as a trading platform or two-sided network business. I say that with confidence because I'm building one.
By the way, a little historical research: double-entry was invented in the fifteenth century; hardly the dawn of time.
- Havoc 11y ago>I suspect others downvoted you for taking the default position that the status quo is the best prospect In my line of work I get to see a variety of approaches to accounting. This is not a game where the bleeding edge wins. In fact those do a lot of bleeding and zero winning. >Comparing it to an ERP platform is a non sequitur. Oh come one dude. I specifically said people should get a proper ERP if its need in my opening post. At no point did I compare this to an ERP. So please...chill with the latin, especially the false kind. As for your other points. You list the "trading platform" as an example of this being successful. Sure. You could use this to effectively run a kitchen pantry too. Its still no good as a commercially accounting package for day to day use though.