Re:My Beancount books are 95% automatic after 3 years (2024)
by fangpenlin on Wednesday March 05, 2025 @01:49PM
(#43270601)
Hi, the author here.
So BeanHub is built on top of Beancount and uses double-entry accounting. It's one of the benefits of double-entry accounting. Many accounting software are not good at dealing with multi-currencies or custom currency. With Beancount, you can define any commodity you want, create transactions, and convert them with different currencies easily. For example, you can define a commodity TSM and create transactions[1] like this:
I think many people trade crypto, and traditional accounting software may not be that friendly to them. That's why I emphasized a bit to the crypto target audience. But you're right; I should make it clearer that it's not just for crypto.
Re:My Beancount books are 95% automatic after 3 years (2024)
by namaria on Thursday March 06, 2025 @03:39AM
(#43277875)
Your homepage has an animation where a list of credit and debit transactions are labelled assets and liabilities. That does not bode well to a provider of accounting software.
So BeanHub is built on top of Beancount and uses double-entry accounting. It's one of the benefits of double-entry accounting. Many accounting software are not good at dealing with multi-currencies or custom currency. With Beancount, you can define any commodity you want, create transactions, and convert them with different currencies easily. For example, you can define a commodity TSM and create transactions[1] like this:
2025-01-01 commodity TSM
2025-03-05 * "Purchase TSMC"
I think many people trade crypto, and traditional accounting software may not be that friendly to them. That's why I emphasized a bit to the crypto target audience. But you're right; I should make it clearer that it's not just for crypto.[1]: https://beancount.github.io/docs/beancount_language_syntax.h...