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Be careful though because many of the things that Ledger advocates muddy the water between cash and accrual accounting, and it offers 'features' that are natura
by roel_v 15y ago
Be careful though because many of the things that Ledger advocates muddy the water between cash and accrual accounting, and it offers 'features' that are natural to the way a programmer thinks but that are against proper accounting practices. Ledger is fine when you know accounting and want a text-based tool to take out the drudge work, but it's not good to learn accounting from.
- 8ig8 15y agoThanks for the heads up. Admittedly my finances are pretty easy. I do everything on a cash basis. My statement about _getting_ accounting was a bit broad. Ledger simply has helped me understand how money flows and I'm more comfortable managing it because Ledger feels transparent to be. I can debug it if needed.