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Comment by csw-001

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.

parent csw-001 4 years ago

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