diff options
| -rw-r--r-- | Makefile | 6 | ||||
| -rw-r--r-- | README | 658 | ||||
| -rwxr-xr-x | entry | 16 | ||||
| -rw-r--r-- | ledger.el | 3 | ||||
| -rw-r--r-- | ledger.texi | 472 |
5 files changed, 963 insertions, 192 deletions
@@ -3,8 +3,8 @@ OBJS = $(patsubst %.cc,%.o,$(CODE)) CFLAGS = #-Wall -ansi -pedantic DFLAGS = -O3 -fomit-frame-pointer #DFLAGS = -g -DDEBUG=1 -INCS = -I/usr/local/include -LIBS = -L/usr/local/lib -lgmpxx -lgmp -lpcre +INCS = -I/sw/include +LIBS = -L/sw/lib -lgmpxx -lgmp -lpcre ifdef GNUCASH CODE := $(CODE) gnucash.cc @@ -25,7 +25,7 @@ ledger.info: ledger.texi g++ $(CFLAGS) $(INCS) $(DFLAGS) -c -o $@ $< clean: - rm -f ledger ledger.info *.o *~ .\#* + rm -f ledger ledger.info *.o *~ .\#* *.elc rebuild: clean deps all @@ -1,5 +1,11 @@ +#title Ledger: Command-Line Accounting + +<contents> + +* Building + Welcome to ledger, a command-line accounting program that uses a -text-based ledger file, yet provides full double-entry accouting, use +text-based ledger file, yet provides full double-entry accounting, use of commodities, unlimited accounts, etc. Ledger is written in ANSI C++, and should compile on any platform. It @@ -10,5 +16,651 @@ Also, this project was developed using GNU make and gcc 3.3. To build and install, once you have these libraries on your system, enter these commands: - make - cp ledger /usr/local/bin +<example> +make +cp ledger /usr/local/bin +</example> + +* Introduction + +Ledger is an accounting tool with the moxie to exist. It provides not +one bell or whistle for the money, and returns the user to the days +before user interfaces were even a twinkle in their father's CRT. + +What it does do is provide a double-entry accounting ledger with all +of the flexibility and muscle of its modern day cousins -- without any +of the fat. Think of it as the bran muffin of accounting tools. + +To begin with, you need to start keeping a ledger. This is the basis +of all accounting, and if you don't know how to do it, now is the time +to learn. The little booklet that comes with your checkbook is a +ledger, so we'll describe double-entry accounting in terms of that. + +A checkbook ledger records debits (subtractions, or withdrawals) and +credits (additions, or deposits) with reference to a single account: +your checking account. Where the money comes from, and where it goes +to, are simply described in the memo field where you write the person +or the company's name. The ultimate aim of keeping a checkbook ledger +is so you know how much money is available to spend at all times. +That is really the aim of all ledgers. + +What computers add is the ability to walk through all of those +transactions and tell you things about your spending habits; let you +devise budgets to get control over your spending; squirrel away money +into virtual savings account without having to physically move the +money around; etc. As you keep your checkbook ledger, you are +recording a lot of information about your life and your habits, and +sometimes that information can tell you things you aren't even aware +of. That is the aim of all good accounting tools. + +The next step up from a checkbook ledger is a ledger that covers all +of your accounts, not just your checking account. In this ledger, you +write not only who the money goes to -- in the case of a debit -- but +where the money is coming from. In the checkbook ledger, its assumed +that all of the money is coming from your checking account. But in a +general ledger, you have to write two-lines: The source and target. +There must always be a debit from some account for any credit made to +anyone else. This is what is meant by "double-entry" accounting. + +For example, let's say you have a checking account and a brokerage +account, and that you can write checks from both of them. Rather than +keeping two checkbooks, you decide to use one ledger for both. Once +you get the hang of this, you'll be ready to use one ledger for all of +your accounting needs, which gets you to the point of this +introduction. + +So in your general ledger, you need to pay Pacific Bell Telephone for +your monthly phone bill. The cost is $23.00. In a checkbook ledger, +you would write out a line that credits your account with Pacific Bell +by $23 as follows: + +<example> +9/29 100 Pacific Bell $23.00 $77.00 +</example> + +Very simple: You've written check #100 for $23 to Pacific Bell, which +leaves your balance in checking at $77. + +But in a general ledger, you need to say where the money is coming +from. A general ledger entry would look like this: + +<example> +9/29 100 Pacific Bell $23.00 $223.00 + Checking $-23.00 $77.00 +</example> + +What does all of this mean? The first line shows a credit (or +payment) to Pacific Bell to the tune of $23.00. Then, because there +is no one "balance" in a general ledger, we've written in the total +balance of your payments to the account "Pacific Bell". This was done +by looking at the last entry for "Pacific Bell" in the general ledger, +adding $23.00 to that amount, and writing in the total in the balance +column. + +Secondly, the money is coming from your "Checking" account, which +means a debit (or withdrawal) of $23.00, which will leave the ending +balance in your "Checking" account at $77.00. + +The transaction itself must balance to $0: $23 goes to Pacific Bell, +$23 comes from Checking: there is nothing left over to be accounted +for. The money has in fact moved from one account to another. This +is basis of double-entry accounting: That money never pops out of +existence, it is always described as a transaction between accounts -- +as a flow from one place to another. + +Keeping a general ledger is the same as keeping two separate ledgers: +One for Pacific Bell and one for Checking. In that case, each time +you write a credit into one, you write a corresponding debit into the +other. This makes it much easier to write in the running balance, +since you don't have to go looking back for the last time an account +was referenced, but it also means having a lot of ledger books if you +deal with multiple accounts. + +Enter the beauty of a computerized accounting tool. The purpose of +Ledger is to make general ledger accounting simple by keeping track of +the balances for you. Your only job is to enter credit/debit pairs +and make sure they balance. If a transaction does not balance, Ledger +will display an error and ignore the transaction.[1] + +Your usage of Ledger will have two parts: Keeping the ledger, and +using the Ledger tool to provide you with information summaries +derived from your ledger's entries. + +* Keeping a ledger + +The most important part of accounting is keeping a good ledger. If +you have a good ledger, tools can be written to work whatever +mathematically tricks you need to better understand your spending +patterns. Without a good ledger, no tool, however smart, can help +you. + +The Ledger program aims at making ledger entry as simple as possible. +Since it is a command-line tool, it does not provide a user interface +for keeping a ledger. If you like, you may use Gnucash to maintain +your ledger, in which case the Ledger program will read Gnucash's data +files directly. In that case, read the Gnucash manual now, and skip +to the next chapter. + +If you are not using Gnucash, but a text editor to maintain your +ledger, read on. Ledger has been designed to make data entry as +simple as possible, by keeping the ledger format easy, and also by +automagically determining as much information as possible based on the +nature of your entries. + +For example, you do not need to tell Ledger about the accounts you +use. Any time Ledger sees a debit or a credit to an account it knows +nothing about, it will create it. If you use a commodity that is new +to Ledger, it will create that commodity, and determine its display +characteristics (placement of the symbol before or after the amount, +display precision, etc) based on how you used the commodity in the +transaction. + +Here is the Pacific Bell example from above, given as a Ledger +transaction: + +<example> +9/29 (100) Pacific Bell + Expenses:Utilities:Telephone $23.00 + Assets:Checking $-23.00 +</example> + +As you can see, it is very similar to what would be written on paper, +minus the computed balance totals, and adding in account names that +work better with Ledger's scheme of things. In fact, since Ledger is +smart about many things, you don't need to specify the balanced +amount, if it is the same as the first line: + +<example> +9/29 (100) Pacific Bell + Expenses:Utilities:Telephone $23.00 + Assets:Checking +</example> + +For this entry, Ledger will figure out that $-23.00 must come from +"Assets:Checking" in order to balance the entry. + +** Credits and Debits + +Credit and debit are simple enough terms in themselves, but the usages +of the modern world have made them very hard to puzzle out. + +Basically, a credit means you add something to an account, and a debit +means you take away. A debit card is correctly name: From your point +of view, it debits your checking account every time you use it. + +The credit card is strangely named, because you have to look at it +from the merchant's point of view: Every time you use it, it credit's +*his* account right away. This was a giant leap from the days of cash +and checks, when the only other way to supply immediate credit was by +a wire transfer. But a credit card does not credit you anything at +all. In fact, from your point of view, it should be called a +liability card, since it increases your liability to the issuing bank +every time you use it. + +In Ledger, credits and debits are given as they are, which means that +sometimes you will see a minus sign where you don't expect one. For +example, when you get paid, in order to credit your bank account, you +need to debit an income account: + +<example> +9/29 My Employer + Assets:Checking $500.00 + Income:Salary $-500.00 +</example> + +But wait, you say, why is the Income a negative figure? And when you +look at the balance totals for your ledger, you will certainly be +surprised to see Expenses as a positive figure, and Income as a +negative figure. Isn't that the opposite of how it should look? + +It may take getting used to, but to properly use a general ledger you +will need to think in terms of correct debits and credits. Rather +than Ledger "fixing" the minus signs, let's understand why they are +there. + +When you earn money, the money has to come from somewhere. Let's call +that somewhere "society". In order for society to give you an income, +you must take money away from society (debit) in order to put it into +your bank (credit). When you then spend that money, it leaves your +bank account (debit) and goes back to society (credit). This is why +Income will appear negative -- it reflects the money you have drawn +from society -- and why Expenses will be positive -- it is the amount +you've given back. These credits and debits will always cancel each +other out in the end, because you don't have the ability to create new +money: It must always come from somewhere, and in the end must always +leave. This is the beginning of economy, after which the explanation +gets terribly difficult. + +Based on that explanation, here's another way to look at your balance +report: Every negative figure means that that account or person or +place has less money now than when you started your ledger; and every +positive figure means that that account or person or place has more +money now that when you started your ledger. Make sense? + +Also, credit cards will have a negative value, because you are +spending *from* them (debit) in order pay someone else (credit). They +are called credit cards because you are able to instantly credit that +other person, by simply waving a card. + +** Commodities and Currencies + +Ledger makes no assumptions about the commodities you use; it only +requires that you specify a commodity. The commodity may be any +non-numeric string that does not contain a period, comma, forward +slash or at-sign. It may appear before or after the amount, although +it is assumed that symbols appearing before the amount refer to +currencies, while non-joined symbols appearing after the amount refer +to commodities. Here are some valid currency and commodity +specifiers: + +<example> +$20.00 ; currency: twenty US dollars +USD 20 ; currency: the same +40 AAPL ; commodity: 40 shares of Apple stock +MD 60 ; currency: 60 Deutsch Mark +£50 ; currency: 50 British pounds +50e ; currency: 50 Euros (use symbol) +</example> + +Ledger will examine the first use of any commodity to determine how +that commodity should be printed on reports. It pays attention to +whether the name of commodity was separated from the amount, whether +it came before or after, the precision used in specifying the amount, +whether thousand marks were used, etc. This is done so that printing +the commodity looks the same as the way you use it. + +An account may contain multiple commodities, in which case it will +have separate totals for each. For example, if your brokerage account +contains both cash, gold, and several stock quantities, the balance +might look like: + +<example> + $200.00 +100.00 AU + AAPL 40 + BORL 100 + FEQTX 50 Assets:Brokerage +</example> + +This balance report shows how much of each commodity is in your +brokerage account. + +Sometimes, you will want to know the current street value of your +balance, and not the commodity totals. For this to happen, you must +specify what the current price is for each commodity. The price can +be in any commodity, in which case the balance will be computed in +terms of that commodity. The usual way to specify prices is with a +file of price settings, which might look like this: + +<example> +AU=$357.00 +AAPL=$37 +BORL=$19 +FEQTX=$32 +</example> + +Specify the prices file using the =-p= option: + +<example> +/home/johnw $ ledger -p prices.db balance brokerage +</example> + +Now the balance for your brokerage account will be given in US +dollars, since the prices database has specified conversion factors +from each commodity into dollars: + +<example> +$40880.00 Assets:Brokerage +</example> + +You can convert from any commodity to any other commodity. Let's say +you had $5000 in your checking account, and for whatever reason you +wanted to know many ounces of gold that would buy. If gold is +currently $357 per ounce, then each dollar is worth 1/357 AU: + +<example> +/home/johnw $ ledger -p "$=0.00280112 AU" balance checking +</example> + +<example> +14.01 AU Assets:Checking +</example> + +$5000 would buy 14 ounces of gold, which becomes the new display +commodity since a conversion factor was provided. + +Commodities conversions can also be chained, up to a depth of 10. +Here is a sample prices database that uses chaining: + +<example> +AAPL=$15 +$=0.00280112 AU +AU=300 Euro +Euro=MD 0.75 +</example> + +This is a roundabout way of reporting AAPL shares in their Deutsch +Mark equivalent. + +** Accounts and Inventories + +Since Ledger's accounts and commodity system is so flexible, you can +have accounts that don't really exist, and use commodities that no one +else recognizes. For example, let's say you are buying and selling +various items in EverQuest, and want to keep track of them using a +ledger. Just add items of whatever quantity you wish into your +EverQuest account: + +<example> +9/29 Get some stuff at the Inn + Places:Black's Tavern -3 Apples + Places:Black's Tavern -5 Steaks + EverQuest:Inventory +</example> + +Now your EverQuest:Inventory has 3 apples and 5 steaks in it. The +amounts are negative, because you are taking *from* Black's Tavern in +order to credit your Inventory account. Note that you don't have to +use "Places:Black's Tavern" as the source account. You could use +"EverQuest:System" to represent the fact that you acquired them +online. The only purpose for choosing one kind of source account over +another is for generate more informative reports later on. The more +you know, the better analysis you can perform. + +If you later sell some of these items to another player, the entry +would look like: + +<example> +10/2 Strum Brightblade + EverQuest:Inventory -2 Steaks + EverQuest:Inventory 15 Gold +</example> + +Now you've turned 2 steaks into 15 gold, courtesy of your customer, +Strum Brightblade. + +** Understanding Equity + +The most confusing entry in any ledger will be your equity account -- +because starting balances can't come out of nowhere. + +When you first start your ledger, you will likely already have money +in some of your accounts. Let's say there's $100 in your checking +account; then add an entry to your ledger to reflect this amount. +Where will money come from? The answer: your equity. + +<example> +10/2 Opening Balance + Assets:Checking $100.00 + Equity:Opening Balances $-100.00 +</example> + +But what is equity? You may have heard of equity when people talked +about house mortgages, as "the part of the house that you own". +Basically, equity is like the value of something. If you own a car +worth $5000, then you have $5000 in equity in that car. In order to +turn that car (a commodity) into a cash flow, or a credit to your bank +account, you will have to debit the equity by selling it. + +When you start a ledger, you are probably already worth something. +Your net worth is your current equity. By transferring the money in +the ledger from your equity to your bank accounts, you are crediting +the ledger account based on your prior equity value. That is why, +when you look at the balance report, you will see a large negative +number for Equity that never changes: Because that is what you were +worth (what you debited from yourself in order to start the ledger) +before the money started moving around. If the total positive value +of your assets is greater than the absolute value of your starting +equity, it means you are making money. + +Clear as mud? Keep thinking about it. Until you figure it out, put +"-- -Equity" at the end of your balance command, to remove the +confusing figure from the totals. + +* Using the Ledger Tool + +Now that you have an orderly and well-organized general ledger, it's +time to start generating some orderly and well-organized reports. +This is where the Ledger tool comes in. With it, you can balance your +checkbook, see where your money is going, tell whether you've made a +profit this year, and even compute the present day value of your +retirement accounts. And all with the simplest of interfaces: the +command-line. + +The most often used command will be the "balance" command: + +<example> +/home/johnw $ export LEDGER=/home/johnw/doc/ledger.dat +/home/johnw $ ledger balance +</example> + +Here I've set my Ledger environment variable to point to where my +ledger file is hiding. Thereafter, I needn't specify it again. + +The balance command prints out the summarized balances of all my +top-level accounts, excluding sub-accounts. In order to see the +balances for a specific account, just specify a regular expression +after the balance command: + +<example> +/home/johnw $ ledger balance expenses:food +</example> + +This will show all the money that's been spent on food, since the +beginning of the ledger. For food spending just this month +(September), use: + +<example> +/home/johnw $ ledger -d sep balance expenses:food +</example> + +Or maybe I want to see all of my assets, in which case the -s (show +sub-accounts) option comes in handy: + +<example> +/home/johnw $ ledger balance -s +</example> + +To exclude a particular account, use a regular expression with a +leading minus sign. The following will show all expenses, but without +food spending: + +<example> +/home/johnw $ ledger balance expenses -food +</example> + +If you want to show all accounts but for one account, remember to use +"--" to separate the exclusion pattern from the options list: + +<example> +/home/johnw $ ledger balance -- -equity +</example> + +** Virtual transactions + +A virtual transaction is when you, in your mind, see money as moving +to a certain place, when in reality that money has not moved at all. +There are several scenarios in which this type of tracking comes in +handy, and each of them will be discussed in detail. + +To enter a virtual transaction, surround the account name in +parentheses. This form of usage does not need to balance. However, +if you want to ensure the virtual transaction balances with other +virtual transactions in the same entry, use square brackets. For +example: + +<example> +10/2 Paycheck + Assets:Checking $1000.00 + Income:Salary $-1000.00 + (Debt:Alimony) $200.00 +</example> + +In this example, after receiving a paycheck an alimony debt is +increased -- even though no money has moved around yet. + +<example> +10/2 Paycheck + Assets:Checking $1000.00 + Income:Salary $-1000.00 + [Savings:Trip] $200.00 + [Assets:Checking] $-200.00 +</example> + +In this example, $200 has been deducted from checking toward savings +for a trip. It will appear as though the money has been moved from +the account into "Savings:Trip", although no money has actually moved +anywhere. + +When balances are displayed, virtual transactions will be factored in. +To view balances without any virtual balances factored in, using the +"-R" flag, for "Reality". + +*** Saving for a Special Occasion + +*** Keeping a Budget + +*** Tracking Allocated Funds + +** Automated transactions + +*** Computing Bahá'í Huqúqu'lláh + +As a Bahá'í, I need to compute Huqúqu'lláh on some of my assets. The +exact details of this matter are rather complex, so if you have any +interest, I encourage you to do research on the Web. + +For any fellow Bahá'ís out there who want to track Huqúqu'lláh, the +Ledger tool makes this extraordinarily easy. Just too easy, in fact. +Here's all you have to do: If an expense is exempt from Huqúqu'lláh -- +a "necessary" expense -- put an exclamation mark before the account +name: + +<example> +2002.12.31 Rent + !Expenses:Rent $450.00 + Assets:Checking $-450.00 +</example> + +Even easier than that, simply put a list of regular expressions that +match the categories you consider exempt in a file called =.huquq=, +and the special marking will be done for you. Here is the file I use: + +<example> +^Income: +^Retirement: +^Expenses:Rent +^Expenses:Taxes +</example> + +When you're ready to pay Huqúqu'lláh, just write the check to the +account "Huququ'llah" (no accents, one apostrophe): + +<example> +2003.01.20 * (101) Baha'i Huququ'llah Trust + Huququ'llah $1,000.00 + Assets:Checking $-1,000.00 +</example> + +That's it. To see how much Huqúq is currently owed based on your +ledger data, type: + +<example> +/home/johnw $ ledger balance ^huquq +</example> + +* An easy way to add new entries + +The three most laborious tasks of keeping a ledger are: adding new +entries, reconciling accounts, and generating reports. To address the +first of these, there is a sub-command to ledger called "entry". It +works on the principle that 80% of all transactions are variants of +earlier transactions. Here's how it works: + +Let's say you have an old transaction of the following form: + +<example> +2004/03/15 * Viva Italiano + Expenses:Food $12.45 + Expenses:Tips $2.55 + Liabilities:MasterCard $-15.00 +</example> + +Now it's 2004/4/9, and you've just eating at Viva Italiano again. The +exact amounts are different, but the overall form is the same. With +the "entry" command you can type: + +<example> +ledger entry 2004/4/9 viva food 11.00 tips 2.50 +</example> + +This will produce the following output: + +<example> +2004/04/09 Viva Italiano + Expenses:Food $11.00 + Expenses:Tips $2.50 + Liabilities:MasterCard $-13.50 +</example> + +This works by finding a transaction that matches the regexp "viva", +and then assuming that any accounts or amounts you specify will be the +same as that earlier transaction. If Ledger does not succeed in +generating a new entry for you, it will print an error and set the +exit code to 1. + +There is a shell script in the distribution called "entry", which +simplifies the task of adding a new entry to your ledger, and then +launches =vi= to let you confirm that the entry looks appropriate. + +* Using Emacs to Keep Your Ledger + +In the Ledger tarball is an Emacs module, =ledger.el=. This module +makes the process of keeping a text ledger much easier for Emacs +users. I recommend putting this at the top of your ledger file: + +<example> +; -*-ledger-*- +</example> + +And this in your =.emacs= file, after copying =ledger.el= to your +site-lisp directory: + +<example> +(load "ledger") +</example> + +Now when you edit your ledger file, it will be in =ledger-mode=. +=ledger-mode= adds the following commands: + +C-c C-a :: + For quickly adding new entries based on the form of older ones + (see previous section). + +C-c C-c :: + Toggles the "cleared" flag of the transaction under point. + +C-c C-r :: + Reconciles an account by displaying the transactions in another + buffer, where simply hitting the spacebar will toggle the cleared + flag of the transaction in the ledger. It also displays the current + cleared balance for the account in the modeline. + +* Using GnuCash to Keep Your Ledger + +The Ledger tool is fast and simple, but it gives you no special +method of actually editing the ledger. It assumes you know how to use +a text editor, and like doing so. Perhaps an Emacs mode will appear +someday soon to make editing Ledger's data files much easier. + +Until then, you are free to use GnuCash to maintain your ledger, and +the Ledger program for querying and reporting on the contents +of that ledger. It takes a little longer to parse the XML data format +that GnuCash uses, but the end result is identical. + +Then again, why would anyone use a Gnome-centric, 35 megabyte behemoth +to edit their data, and a 65 kilobyte binary to query it... + +Footnotes: +[1] In some special cases, it will automatically balance the entry + for you. @@ -0,0 +1,16 @@ +#!/bin/sh + +if [ -z "$LEDGER" -o ! -r $LEDGER ]; then + echo Please set your LEDGER environment variable. +fi + +line=`wc -l $LEDGER | awk '{print $1}'` + +if ledger entry "$@" > /tmp/entry; then + cat /tmp/entry >> $LEDGER +else + echo "$@" >> $LEDGER +fi +rm /tmp/entry + +vi +$line $LEDGER @@ -130,7 +130,8 @@ indent-tabs-mode nil) (let ((map (current-local-map))) (define-key map [(control ?c) (control ?a)] 'ledger-add-entry) - (define-key map [(control ?c) (control ?c)] 'ledger-toggle-current))) + (define-key map [(control ?c) (control ?c)] 'ledger-toggle-current) + (define-key map [(control ?c) (control ?r)] 'ledger-reconcile))) (defun ledger-parse-entries (account &optional all-p after-date) (let (total entries) diff --git a/ledger.texi b/ledger.texi index 378ce72a..9a91afab 100644 --- a/ledger.texi +++ b/ledger.texi @@ -1,57 +1,70 @@ -\input texinfo @c -*-texinfo-*- -@comment $Id: ledger.texi,v 1.11 2003/10/10 19:12:31 johnw Exp $ -@comment %**start of header +\input texinfo @c -*-texinfo-*- @setfilename ledger.info +@settitle Ledger: Command-Line Accounting -@settitle Ledger Accouting Tool -@syncodeindex pg cp -@comment %**end of header +@documentencoding iso-8859-1 -@dircategory Ledger Accouting Tool -@direntry -* ledger: (ledger)The Ledger Accouting Tool. -@end direntry +@iftex +@finalout +@end iftex @titlepage -@title Ledger Accouting Tool -@author John Wiegley <@email{johnw@@newartisans.com}> -@page -@vskip 0pt plus 1filll -@c @insertcopying +@title Ledger: Command-Line Accounting +@author John Wiegley @end titlepage -@contents +@node Top, Building, (dir), (dir) +@top Overview +@c Page published by Emacs Muse begins here -@ifnottex -@node Top, Introduction, (dir), (dir) -@top Ledger Accouting Tool -@c @insertcopying -@end ifnottex @menu -* Introduction:: -* Keeping a ledger:: +* Building:: +* Introduction:: +* Keeping a ledger:: +* Using the Ledger Tool:: +* An easy way to add new entries:: +* Using Emacs to Keep Your Ledger:: * Using GnuCash to Keep Your Ledger:: @end menu -@node Introduction, Keeping a ledger, Top, Top +@node Building, Introduction, Top, Top +@chapter Building + +Welcome to ledger, a command-line accounting program that uses a +text-based ledger file, yet provides full double-entry accounting, use +of commodities, unlimited accounts, etc. + +Ledger is written in ANSI C++, and should compile on any platform. It +only depends on the GNU multiprecision integer library (gmp, or +libgmp), and the Perl regular expression library (pcre, or libpcre). +Also, this project was developed using GNU make and gcc 3.3. + +To build and install, once you have these libraries on your system, +enter these commands: + +@example +make +cp ledger /usr/local/bin +@end example + +@node Introduction, Keeping a ledger, Building, Top @chapter Introduction -@code{ledger} is an accouting tool that has the chutzpah to exist. It -provides not one bell or whistle for the money, and returns the user -to the days before user interfaces were even a twinkle in their -father's CRT. +Ledger is an accounting tool with the moxie to exist. It provides not +one bell or whistle for the money, and returns the user to the days +before user interfaces were even a twinkle in their father's CRT. -What it does do is provide a double-entry accouting ledger with all of -the flexibility and muscle of its modern day cousins---without any of -the fat. Think of it as the bran muffin of accouting tools. +What it does do is provide a double-entry accounting ledger with all +of the flexibility and muscle of its modern day cousins---without any +of the fat. Think of it as the bran muffin of accounting tools. To begin with, you need to start keeping a ledger. This is the basis -of all accouting, and if you don't know how to do it, now is the time +of all accounting, and if you don't know how to do it, now is the time to learn. The little booklet that comes with your checkbook is a -ledger, so we'll describe double-entry accouting in terms of that. +ledger, so we'll describe double-entry accounting in terms of that. A checkbook ledger records debits (subtractions, or withdrawals) and credits (additions, or deposits) with reference to a single account: @@ -68,7 +81,7 @@ into virtual savings account without having to physically move the money around; etc. As you keep your checkbook ledger, you are recording a lot of information about your life and your habits, and sometimes that information can tell you things you aren't even aware -of. That is the aim of all good accouting tools. +of. That is the aim of all good accounting tools. The next step up from a checkbook ledger is a ledger that covers all of your accounts, not just your checking account. In this ledger, you @@ -77,13 +90,13 @@ where the money is coming from. In the checkbook ledger, its assumed that all of the money is coming from your checking account. But in a general ledger, you have to write two-lines: The source and target. There must always be a debit from some account for any credit made to -anyone else. This is what is meant by ``double-entry'' accouting. +anyone else. This is what is meant by ``double-entry'' accounting. For example, let's say you have a checking account and a brokerage account, and that you can write checks from both of them. Rather than keeping two checkbooks, you decide to use one ledger for both. Once you get the hang of this, you'll be ready to use one ledger for all of -your accouting needs, which gets you to the point of this +your accounting needs, which gets you to the point of this introduction. So in your general ledger, you need to pay Pacific Bell Telephone for @@ -92,7 +105,7 @@ you would write out a line that credits your account with Pacific Bell by $23 as follows: @example -9/29 100 Pacific Bell $23.00 $77.00 +9/29 100 Pacific Bell $23.00 $77.00 @end example Very simple: You've written check #100 for $23 to Pacific Bell, which @@ -102,17 +115,17 @@ But in a general ledger, you need to say where the money is coming from. A general ledger entry would look like this: @example -9/29 100 Pacific Bell $23.00 $223.00 - Checking $-23.00 $77.00 +9/29 100 Pacific Bell $23.00 $223.00 + Checking $-23.00 $77.00 @end example What does all of this mean? The first line shows a credit (or payment) to Pacific Bell to the tune of $23.00. Then, because there is no one ``balance'' in a general ledger, we've written in the total -balance of your payments to the account ``Pacific Bell''. This was -done by looking at the last entry for ``Pacific Bell'' in the general -ledger, adding $23.00 to that amount, and writing in the total in the -balance column. +balance of your payments to the account ``Pacific Bell''. This was done +by looking at the last entry for ``Pacific Bell'' in the general ledger, +adding $23.00 to that amount, and writing in the total in the balance +column. Secondly, the money is coming from your ``Checking'' account, which means a debit (or withdrawal) of $23.00, which will leave the ending @@ -122,8 +135,8 @@ The transaction itself must balance to $0: $23 goes to Pacific Bell, $23 comes from Checking: there is nothing left over to be accounted for. The money has in fact moved from one account to another. This is basis of double-entry accounting: That money never pops out of -existence, it is always described as a transaction between -accounts---as a flow from one place to another. +existence, it is always described as a transaction between accounts--- +as a flow from one place to another. Keeping a general ledger is the same as keeping two separate ledgers: One for Pacific Bell and one for Checking. In that case, each time @@ -133,19 +146,18 @@ since you don't have to go looking back for the last time an account was referenced, but it also means having a lot of ledger books if you deal with multiple accounts. -Enter the beauty of a computerized accouting tool. The purpose of -@code{ledger} is to make general ledger accouting simple by keeping -track of the balances for you. Your only job is to enter credit/debit -pairs and make sure they balance. If a transaction does not balance, -@code{ledger} will display an error and ignore the -transaction.@footnote{In some special cases, it will automatically -balance the entry for you.} +Enter the beauty of a computerized accounting tool. The purpose of +Ledger is to make general ledger accounting simple by keeping track of +the balances for you. Your only job is to enter credit/debit pairs +and make sure they balance. If a transaction does not balance, Ledger +will display an error and ignore the transaction.@footnote{In some special cases, it will automatically balance the entry +for you.} -Your usage of @code{ledger} will have two parts: Keeping the ledger, -and using the @code{ledger} tool to provide you with information -summaries derived from your ledger's entries. +Your usage of Ledger will have two parts: Keeping the ledger, and +using the Ledger tool to provide you with information summaries +derived from your ledger's entries. -@node Keeping a ledger, Using GnuCash to Keep Your Ledger, Introduction, Top +@node Keeping a ledger, Using the Ledger Tool, Introduction, Top @chapter Keeping a ledger The most important part of accounting is keeping a good ledger. If @@ -154,29 +166,28 @@ mathematically tricks you need to better understand your spending patterns. Without a good ledger, no tool, however smart, can help you. -The @code{ledger} program aims at making ledger entry as simple as -possible. Since it is a command-line tool, it does not provide a user -interface for keeping a ledger. If you like, you may use -@code{gnucash} to maintain your ledger, in which case the -@code{ledger} program will read @code{gnucash}'s data files directly. -In that case, read the @code{gnucash} manual now, and skip to the next -chapter. - -If you are not using @code{gnucash}, but a text editor to maintain -your ledger, read on. @code{ledger} has been designed to make data -entry as simple as possible, by keeping the ledger format easy, and -also by automagically determining as much information as possible -based on the nature of your entries. - -For example, you do not need to tell @code{ledger} about the accounts -you use. Any time @code{ledger} sees a debit or a credit to an -account it knows nothing about, it will create it. If you use a -commodity that is new to @code{ledger}, it will create that commodity, -and determine its display characteristics (placement of the symbol -before or after the amount, display precision, etc) based on how you -used the commodity in the transaction. - -Here is the Pacific Bell example from above, given as a @code{ledger} +The Ledger program aims at making ledger entry as simple as possible. +Since it is a command-line tool, it does not provide a user interface +for keeping a ledger. If you like, you may use Gnucash to maintain +your ledger, in which case the Ledger program will read Gnucash's data +files directly. In that case, read the Gnucash manual now, and skip +to the next chapter. + +If you are not using Gnucash, but a text editor to maintain your +ledger, read on. Ledger has been designed to make data entry as +simple as possible, by keeping the ledger format easy, and also by +automagically determining as much information as possible based on the +nature of your entries. + +For example, you do not need to tell Ledger about the accounts you +use. Any time Ledger sees a debit or a credit to an account it knows +nothing about, it will create it. If you use a commodity that is new +to Ledger, it will create that commodity, and determine its display +characteristics (placement of the symbol before or after the amount, +display precision, etc) based on how you used the commodity in the +transaction. + +Here is the Pacific Bell example from above, given as a Ledger transaction: @example @@ -187,9 +198,9 @@ transaction: As you can see, it is very similar to what would be written on paper, minus the computed balance totals, and adding in account names that -work better with @code{ledger}'s scheme of things. In fact, since -@code{ledger} is smart about many things, you don't need to specify -the balanced amount, if it is the same as the first line: +work better with Ledger's scheme of things. In fact, since Ledger is +smart about many things, you don't need to specify the balanced +amount, if it is the same as the first line: @example 9/29 (100) Pacific Bell @@ -197,15 +208,14 @@ the balanced amount, if it is the same as the first line: Assets:Checking @end example -For this entry, @code{ledger} will figure out that $-23.00 must come -from ``Assets:Checking'' in order to balance the entry. +For this entry, Ledger will figure out that $-23.00 must come from +``Assets:Checking'' in order to balance the entry. @menu -* Credits and Debits:: -* Commodities and Currencies:: -* Accounts and Inventories:: -* Understanding Equity:: -* Automated transactions:: +* Credits and Debits:: +* Commodities and Currencies:: +* Accounts and Inventories:: +* Understanding Equity:: @end menu @node Credits and Debits, Commodities and Currencies, Keeping a ledger, Keeping a ledger @@ -220,17 +230,17 @@ of view, it debits your checking account every time you use it. The credit card is strangely named, because you have to look at it from the merchant's point of view: Every time you use it, it credit's -@emph{his} account right away. This was a giant leap from the days of -cash and checks, when the only other way to supply immediate credit -was by a wire transfer. But a credit card does not credit you -anything at all. In fact, from your point of view, it should be -called a liability card, since it increases your liability to the -issuing bank every time you use it. - -In @code{ledger}, credits and debits are given as they are, which -means that sometimes you will see a minus sign where you don't expect -one. For example, when you get paid, in order to credit your bank -account, you need to debit an income account: +@emph{his} account right away. This was a giant leap from the days of cash +and checks, when the only other way to supply immediate credit was by +a wire transfer. But a credit card does not credit you anything at +all. In fact, from your point of view, it should be called a +liability card, since it increases your liability to the issuing bank +every time you use it. + +In Ledger, credits and debits are given as they are, which means that +sometimes you will see a minus sign where you don't expect one. For +example, when you get paid, in order to credit your bank account, you +need to debit an income account: @example 9/29 My Employer @@ -245,15 +255,15 @@ negative figure. Isn't that the opposite of how it should look? It may take getting used to, but to properly use a general ledger you will need to think in terms of correct debits and credits. Rather -than @code{ledger} ``fixing'' the minus signs, let's understand why -they are there. +than Ledger ``fixing'' the minus signs, let's understand why they are +there. When you earn money, the money has to come from somewhere. Let's call -that somewhere ``society''. In order for society to give you an -income, you must take money away from society (debit) in order to put -it into your bank (credit). When you then spend that money, it leaves -your bank account (debit) and goes back to society (credit). This is -why Income will appear negative---it reflects the money you have drawn +that somewhere ``society''. In order for society to give you an income, +you must take money away from society (debit) in order to put it into +your bank (credit). When you then spend that money, it leaves your +bank account (debit) and goes back to society (credit). This is why +Income will appear negative---it reflects the money you have drawn from society---and why Expenses will be positive---it is the amount you've given back. These credits and debits will always cancel each other out in the end, because you don't have the ability to create new @@ -267,41 +277,41 @@ place has less money now than when you started your ledger; and every positive figure means that that account or person or place has more money now that when you started your ledger. Make sense? -Alos, credit cards will have a negative value, because you are -spending @emph{from} them (debit) in order pay someone else (credit). -They are called credit cards because you are able to instantly credit -that other person, by simply waving a card. +Also, credit cards will have a negative value, because you are +spending @emph{from} them (debit) in order pay someone else (credit). They +are called credit cards because you are able to instantly credit that +other person, by simply waving a card. @node Commodities and Currencies, Accounts and Inventories, Credits and Debits, Keeping a ledger @section Commodities and Currencies -@code{ledger} makes no assumptions about the commodities you use; it -only requires that you specify a commodity. The commodity may be any +Ledger makes no assumptions about the commodities you use; it only +requires that you specify a commodity. The commodity may be any non-numeric string that does not contain a period, comma, forward -slash or at sign (@@). It may appear before or after the amount, -although it is assumed that symbols appearing before the amount refer -to currencies, while non-joined symbols apearing after the amount -refer to commodities. Here are some valid currency and commodity +slash or at-sign. It may appear before or after the amount, although +it is assumed that symbols appearing before the amount refer to +currencies, while non-joined symbols appearing after the amount refer +to commodities. Here are some valid currency and commodity specifiers: @example $20.00 ; currency: twenty US dollars USD 20 ; currency: the same -40 AAPL ; commodity: 40 shares of Apple Computer stock -DM 60 ; currency: 60 Deutsch Mark +40 AAPL ; commodity: 40 shares of Apple stock +MD 60 ; currency: 60 Deutsch Mark £50 ; currency: 50 British pounds -50e ; currency: 50 Euros (use appropriate symbol) +50e ; currency: 50 Euros (use symbol) @end example -@code{ledger} will examine the first use of any commodity to determine -how that commodity should be printed on reports. It pays attention to +Ledger will examine the first use of any commodity to determine how +that commodity should be printed on reports. It pays attention to whether the name of commodity was separated from the amount, whether it came before or after, the precision used in specifying the amount, whether thousand marks were used, etc. This is done so that printing the commodity looks the same as the way you use it. An account may contain multiple commodities, in which case it will -have separate totals for each. For example, if your brokage account +have separate totals for each. For example, if your brokerage account contains both cash, gold, and several stock quantities, the balance might look like: @@ -333,7 +343,7 @@ FEQTX=$32 Specify the prices file using the @samp{-p} option: @example -/home/johnw $ ledger -f ledger.dat -p prices.db balance brokerage +/home/johnw $ ledger -p prices.db balance brokerage @end example Now the balance for your brokerage account will be given in US @@ -350,7 +360,7 @@ wanted to know many ounces of gold that would buy. If gold is currently $357 per ounce, then each dollar is worth 1/357 AU: @example -/home/johnw $ ledger -f ledger.dat -p "\$=0.00280112 AU" balance checking +/home/johnw $ ledger -p "$=0.00280112 AU" balance checking @end example @example @@ -367,7 +377,7 @@ Here is a sample prices database that uses chaining: AAPL=$15 $=0.00280112 AU AU=300 Euro -Euro=DM 0.75 +Euro=MD 0.75 @end example This is a roundabout way of reporting AAPL shares in their Deutsch @@ -376,12 +386,12 @@ Mark equivalent. @node Accounts and Inventories, Understanding Equity, Commodities and Currencies, Keeping a ledger @section Accounts and Inventories -Since @code{ledger}'s accounts and commodity system is so flexible, -you can have accounts that don't really exist, and use commodities -that no one else recognizes. For example, let's say you are buying -and selling various items in EverQuest, and want to keep track of them -using a ledger. Just add items of whatever quantity you wish into -your EverQuest account: +Since Ledger's accounts and commodity system is so flexible, you can +have accounts that don't really exist, and use commodities that no one +else recognizes. For example, let's say you are buying and selling +various items in EverQuest, and want to keep track of them using a +ledger. Just add items of whatever quantity you wish into your +EverQuest account: @example 9/29 Get some stuff at the Inn @@ -391,31 +401,31 @@ your EverQuest account: @end example Now your EverQuest:Inventory has 3 apples and 5 steaks in it. The -amounts are negative, because you are taking @emph{from} Black's -Tavern in order to credit your Inventory account. Note that you don't -have to use ``Places:Black's Tavern'' as the source account. You -could use ``EverQuest:System'' to represent the fact that you acquired -them online. The only purpose for choosing one kind of source account -over another is for generate more informative reports later on. The -more you know, the better analysis you can perform. +amounts are negative, because you are taking @emph{from} Black's Tavern in +order to credit your Inventory account. Note that you don't have to +use ``Places:Black's Tavern'' as the source account. You could use +``EverQuest:System'' to represent the fact that you acquired them +online. The only purpose for choosing one kind of source account over +another is for generate more informative reports later on. The more +you know, the better analysis you can perform. If you later sell some of these items to another player, the entry would look like: @example -10/2 Sturm Brightblade +10/2 Strum Brightblade EverQuest:Inventory -2 Steaks EverQuest:Inventory 15 Gold @end example Now you've turned 2 steaks into 15 gold, courtesy of your customer, -Sturm Brightblade. +Strum Brightblade. -@node Understanding Equity, Automated transactions, Accounts and Inventories, Keeping a ledger +@node Understanding Equity, , Accounts and Inventories, Keeping a ledger @section Understanding Equity -The most confusing entry in any ledger will be your equity -account---because starting balances can't come out of nowhere. +The most confusing entry in any ledger will be your equity account--- +because starting balances can't come out of nowhere. When you first start your ledger, you will likely already have money in some of your accounts. Let's say there's $100 in your checking @@ -450,25 +460,26 @@ Clear as mud? Keep thinking about it. Until you figure it out, put ``-- -Equity'' at the end of your balance command, to remove the confusing figure from the totals. -@chapter Using the @code{ledger} Tool +@node Using the Ledger Tool, An easy way to add new entries, Keeping a ledger, Top +@chapter Using the Ledger Tool Now that you have an orderly and well-organized general ledger, it's time to start generating some orderly and well-organized reports. -This is where the @code{ledger} tool comes in. With it, you can -balance your checkbook, see where your money is going, tell whether -you've made a profit this year, and even compute the present day value -of your retirement accounts. And all with the simplest of interfaces: -the command-line. +This is where the Ledger tool comes in. With it, you can balance your +checkbook, see where your money is going, tell whether you've made a +profit this year, and even compute the present day value of your +retirement accounts. And all with the simplest of interfaces: the +command-line. -The most often used command will be the @code{balance} command: +The most often used command will be the ``balance'' command: @example -/home/johnw $ export LEDGER=/home/johnw/doc/finance/ledger.dat +/home/johnw $ export LEDGER=/home/johnw/doc/ledger.dat /home/johnw $ ledger balance @end example -Here I've set my @code{LEDGER} environment variable to point to where -my ledger file is hiding. Thereafter, I needn't specify it again. +Here I've set my Ledger environment variable to point to where my +ledger file is hiding. Thereafter, I needn't specify it again. The balance command prints out the summarized balances of all my top-level accounts, excluding sub-accounts. In order to see the @@ -503,23 +514,30 @@ food spending: @end example If you want to show all accounts but for one account, remember to use -@samp{--} to separate the exclusion pattern from the options list: +``--'' to separate the exclusion pattern from the options list: @example /home/johnw $ ledger balance -- -equity @end example +@menu +* Virtual transactions:: +* Automated transactions:: +@end menu + +@node Virtual transactions, Automated transactions, Using the Ledger Tool, Using the Ledger Tool @section Virtual transactions -A virtual transaction is when you, in your mind, see money as moving to -a certain place, when in reality that money has not moved at all. There -are several scenarios in which this type of tracking comes in handy, and -each of them will be discussed in detail. +A virtual transaction is when you, in your mind, see money as moving +to a certain place, when in reality that money has not moved at all. +There are several scenarios in which this type of tracking comes in +handy, and each of them will be discussed in detail. To enter a virtual transaction, surround the account name in -parentheses. This form of usage does not need to balance. However, if -you want to ensure the virtual transaction balances with other virtual -transactions in the same entry, use square brackets. For example: +parentheses. This form of usage does not need to balance. However, +if you want to ensure the virtual transaction balances with other +virtual transactions in the same entry, use square brackets. For +example: @example 10/2 Paycheck @@ -539,31 +557,31 @@ increased---even though no money has moved around yet. [Assets:Checking] $-200.00 @end example -In this example, $200 has been deducted from checking toward savings for -a trip. It will appear as though the money has been moved from the -account into ``Savings:Trip'', although no money has actually moved +In this example, $200 has been deducted from checking toward savings +for a trip. It will appear as though the money has been moved from +the account into ``Savings:Trip'', although no money has actually moved anywhere. When balances are displayed, virtual transactions will be factored in. To view balances without any virtual balances factored in, using the -@samp{-R} flag, for ``Reality''. +``-R'' flag, for ``Reality''. @menu * Saving for a Special Occasion:: -* Keeping a Budget:: -* Tracking Allocated Funds:: +* Keeping a Budget:: +* Tracking Allocated Funds:: @end menu -@node Saving for a Special Occasion, Keeping a Budget, Understanding Equity, Understanding Equity +@node Saving for a Special Occasion, Keeping a Budget, Virtual transactions, Virtual transactions @subsection Saving for a Special Occasion -@node Keeping a Budget, Tracking Allocated Funds, Saving for a Special Occasion, Understanding Equity +@node Keeping a Budget, Tracking Allocated Funds, Saving for a Special Occasion, Virtual transactions @subsection Keeping a Budget -@node Tracking Allocated Funds, , Keeping a Budget, Understanding Equity +@node Tracking Allocated Funds, , Keeping a Budget, Virtual transactions @subsection Tracking Allocated Funds -@node Automated transactions, , Understanding Equity, Keeping a ledger +@node Automated transactions, , Virtual transactions, Using the Ledger Tool @section Automated transactions @menu @@ -578,10 +596,10 @@ exact details of this matter are rather complex, so if you have any interest, I encourage you to do research on the Web. For any fellow Bahá'ís out there who want to track Huqúqu'lláh, the -@code{ledger} tool makes this extraordinarily easy. Just too easy, in -fact. Here's all you have to do: If an expense is exempt from -Huqúqu'lláh---a ``necessary'' expense---put an exclamation mark befroe -the account name: +Ledger tool makes this extraordinarily easy. Just too easy, in fact. +Here's all you have to do: If an expense is exempt from Huqúqu'lláh--- +a ``necessary'' expense---put an exclamation mark before the account +name: @example 2002.12.31 Rent @@ -590,9 +608,8 @@ the account name: @end example Even easier than that, simply put a list of regular expressions that -match the categories you consider exempt in a file called -@file{.huquq}, and the special marking will be done for you. Here is -the file I use: +match the categories you consider exempt in a file called @samp{.huquq}, +and the special marking will be done for you. Here is the file I use: @example ^Income: @@ -614,23 +631,108 @@ That's it. To see how much Huqúq is currently owed based on your ledger data, type: @example -/home/johnw $ ledger -f ledger.dat balance ^huquq +/home/johnw $ ledger balance ^huquq +@end example + +@node An easy way to add new entries, Using Emacs to Keep Your Ledger, Using the Ledger Tool, Top +@chapter An easy way to add new entries + +The three most laborious tasks of keeping a ledger are: adding new +entries, reconciling accounts, and generating reports. To address the +first of these, there is a sub-command to ledger called ``entry''. It +works on the principle that 80% of all transactions are variants of +earlier transactions. Here's how it works: + +Let's say you have an old transaction of the following form: + +@example +2004/03/15 * Viva Italiano + Expenses:Food $12.45 + Expenses:Tips $2.55 + Liabilities:MasterCard $-15.00 +@end example + +Now it's 2004/4/9, and you've just eating at Viva Italiano again. The +exact amounts are different, but the overall form is the same. With +the ``entry'' command you can type: + +@example +ledger entry 2004/4/9 viva food 11.00 tips 2.50 @end example -@node Using GnuCash to Keep Your Ledger, , Keeping a ledger, Top +This will produce the following output: + +@example +2004/04/09 Viva Italiano + Expenses:Food $11.00 + Expenses:Tips $2.50 + Liabilities:MasterCard $-13.50 +@end example + +This works by finding a transaction that matches the regexp ``viva'', +and then assuming that any accounts or amounts you specify will be the +same as that earlier transaction. If Ledger does not succeed in +generating a new entry for you, it will print an error and set the +exit code to 1. + +There is a shell script in the distribution called ``entry'', which +simplifies the task of adding a new entry to your ledger, and then +launches @samp{vi} to let you confirm that the entry looks appropriate. + +@node Using Emacs to Keep Your Ledger, Using GnuCash to Keep Your Ledger, An easy way to add new entries, Top +@chapter Using Emacs to Keep Your Ledger + +In the Ledger tarball is an Emacs module, @samp{ledger.el}. This module +makes the process of keeping a text ledger much easier for Emacs +users. I recommend putting this at the top of your ledger file: + +@example +; -*-ledger-*- +@end example + +And this in your @samp{.emacs} file, after copying @samp{ledger.el} to your +site-lisp directory: + +@example +(load "ledger") +@end example + +Now when you edit your ledger file, it will be in @samp{ledger-mode}. +@samp{ledger-mode} adds the following commands: + +@table @strong +@item C-c C-a +For quickly adding new entries based on the form of older ones +(see previous section). + +@item C-c C-c +Toggles the ``cleared'' flag of the transaction under point. + +@item C-c C-r +Reconciles an account by displaying the transactions in another +buffer, where simply hitting the spacebar will toggle the cleared +flag of the transaction in the ledger. It also displays the current +cleared balance for the account in the modeline. + +@end table + +@node Using GnuCash to Keep Your Ledger, , Using Emacs to Keep Your Ledger, Top @chapter Using GnuCash to Keep Your Ledger -The @code{ledger} tool is fast and simple, but it gives you no special +The Ledger tool is fast and simple, but it gives you no special method of actually editing the ledger. It assumes you know how to use a text editor, and like doing so. Perhaps an Emacs mode will appear -someday soon to make editing @code{ledger}'s data files much easier. +someday soon to make editing Ledger's data files much easier. Until then, you are free to use GnuCash to maintain your ledger, and -the @code{ledger} program for querying and reporting on the contents +the Ledger program for querying and reporting on the contents of that ledger. It takes a little longer to parse the XML data format that GnuCash uses, but the end result is identical. Then again, why would anyone use a Gnome-centric, 35 megabyte behemoth -to edit their data, and a 65 kilobyte executable to query it@dots{} +to edit their data, and a 65 kilobyte binary to query it... + +@c Page published by Emacs Muse ends here +@contents @bye |