What is plain text accounting and how does it differ from real accounting? My initial response is shock and horror because I'm picturing lots of financials in .txt and pdf files instead of excel like god intended...
this post was submitted on 02 Jul 2023
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Plain Text Accounting
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Bookkeeping and accounting with plain text files and scriptable, command-line-friendly software, such as Ledger, hledger, or Beancount.
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Firstly you must understand what is double-entry book keeping. Then, you can do double-entry book keeping wirh many tools, one of them is Plain Text Accounting (PTA) tools such as hledger.
My personal path to PTA was firstly read the manual and use Gnucash. It is also a double entry accounting tool but not plain text. I understood accounting principles and then I moved to PTA.
So it is accounting software, got it.
Great to see the community moving to Lemmy!