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This is so cool. I spent yesterday setting up a simple Airtable ledger for my home finances, but the idea of feeding that beast only to have them own/control/ch
by csw-001 5y ago
This is so cool. I spent yesterday setting up a simple Airtable ledger for my home finances, but the idea of feeding that beast only to have them own/control/charge me for my data is super frustrating. I went with Airtable/Excel approach because so many of the personal finance systems attempt to be “user friendly” by obscuring the General Ledger and journal entries. I majored in Accounting, and simple double entry just feels logical and right to me - Quickbook’s insane menus and complexity never will.
Moreover, other systems too often violate the traditional division of labor that exists between “accounting” - getting the ledger accurately updated, and “finance” - using the ledger for planning, budgeting , etc., by trying to mash-up input and output… It’s great to see the input/output separation here, along with textbook accounting! Well done.
- darcys22 5y agoThank you! Yeah thats pretty much my feeling too. The software out there always puts itself in your way to make their walled gardens more profitable
- _mmgc 5y agoCurious: are you using [name-redacted] or just manual entry for your Airtable accounting?
- csw-001 5y agoI’m using manual entry to the general ledger, with a simple script to populate entries in account tables.