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Hi, the author here. So BeanHub is built on top of Beancount and uses double-entry accounting. It's one of the benefits of double-entry accounting. Many accoun
by fangpenlin 2y ago
Hi, the author here.
So BeanHub is built on top of Beancount and uses double-entry accounting. It's one of the benefits of double-entry accounting. Many accounting software are not good at dealing with multi-currencies or custom currency. With Beancount, you can define any commodity you want, create transactions, and convert them with different currencies easily. For example, you can define a commodity TSM and create transactions[1] like this:
2025-01-01 commodity TSM
2025-03-05 * "Purchase TSMC"
Assets:US:Bank:WellsFargo:Checking -2,000 USD @ 100 TSM
Assets:US:Bank:Robinhood 20 TSM
I think many people trade crypto, and traditional accounting software may not be that friendly to them. That's why I emphasized a bit to the crypto target audience. But you're right; I should make it clearer that it's not just for crypto.
[1]: https://beancount.github.io/docs/beancount_language_syntax.html#costs-and-prices https://beancount.github.io/docs/beancount_language_syntax.h...
- namaria 2y agoYour homepage has an animation where a list of credit and debit transactions are labelled assets and liabilities. That does not bode well to a provider of accounting software.