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Re:Plain Text Accounting by smichael on Tuesday January 12, 2021 @12:21PM (#25750005)
Essentially yes, with some exceptions:

Ledger used to save a parsed/processed file to speed up subsequent reads. It was dropped as not being worthwhile.

Long-running UIs, like hledger-ui, hledger-web, and fava I expect, do the parsing only once, though the report calculation is typically repeated on each page load.

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