#BEANCOUNTER CHART OF ACCOUNTS LICENSE#
#BEANCOUNTER CHART OF ACCOUNTS PROFESSIONAL#

We will call this addition a posting to an account, and I will draw this change as a circled number on the account’s timeline, for example, adding $100 to the account: In order to change the content of an account, we have to add something to it. The contents of accounts can change over time. I will draw the balance using a number above the account’s timeline: Note that it represents its contents at a particular point in time. We will call the number of units in the account the balance of an account. All accounts begin with an empty content of zero dollars. On the left, we have the past, and to the right, increasing time: the present, the future, etc.įor now, let’s assume that accounts can contain only one kind of thing, for example, dollars. Let’s draw a horizontal arrow to visually represent the evolving contents of an account over time: It is used to count things, to accumulate things. An account is something that can contain things, like a bag. Let’s begin by defining the notion of an account. The double-entry system is just a simple method of counting, with some simple rules.

#BEANCOUNTER CHART OF ACCOUNTS PROFESSIONAL#

I believe that the method of double-entry counting should be taught to everyone at the high school level everywhere as it is a tremendously useful organizational skill, and I hope that this text can help spread its knowledge beyond professional circles.

#BEANCOUNTER CHART OF ACCOUNTS LICENSE#

I granted myself license to create something new and perhaps even unusual in order to explain those ideas as simply and clearly as possible to someone unfamiliar with them. Note that I am not an accountant, and in the process of writing this document I may have used terminology that is slightly different or unusual to that which is taught in perhaps more traditional training in accounting. It is also representative of how Beancount works, and it should be useful to all users of plain-text accounting. It is an attempt to explain basic bookkeeping using as simple an approach as possible, doing away with some of the idiosyncrasies normally involved in accounting. This document is a gentle introduction to the double-entry counting method, as written from the perspective of a computer scientist.

A Proposal for an Improvement on Inventory Booking.

A Comparison of Beancount and Ledger Hledger.

Running Beancount and Generating Reports.

Beancounter chart of accounts