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Any plans to open-source your tool? Sounds fantastic. Also I think "double-entry accounting" literally means "N-entry zero sum accounting" as you describe it,
by jchook 7y ago
Any plans to open-source your tool? Sounds fantastic.
Also I think "double-entry accounting" literally means "N-entry zero sum accounting" as you describe it, and hledger supports it.
- kazinator 7y agoWhen designing this system I wasn't able to find any online resource about accounting describing anything other than double-entry accounting in which every transaction consists of one debit and one credit in equal amounts (usually positive), not adding to zero. The Wikipedia page has nothing about an N-entry, zero sum method: https://en.wikipedia.org/wiki/Double-entry_bookkeeping_system https://en.wikipedia.org/wiki/Double-entry_bookkeeping_syste... Not going to open-source; I never open source anything without decent documentation, and this has none.
- sjy 7y agoIt’s implied in the first paragraph – “In double-entry bookkeeping, a transaction always affects at least two accounts, always includes at least one debit and one credit, and always has total debits and total credits that are equal.”