Books: an immutable double-entry accounting database service

Re:Books: an immutable double-entry accounting database service by limeman on Thursday October 17, 2019 @12:44AM (#21278981)

So other accounting software provides mutable ? Square are you serious? Just adding a authentication layer over it and calling immutable

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Re:Books: an immutable double-entry accounting database service by chris_wot on Thursday October 17, 2019 @10:25AM (#21282384)

I don’t think you quite understand what they are doing. Once the entry is in the ledger, it can’t be changed. To correct it you must add in a compensating transaction that corrects the transaction - almost certainly a reversal.

Basically, it’s just a list of transactions you can only append to. You can’t delete any of the entries or modify them - they really are immutable.

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