Ledger, a powerful CLI accounting tool

Re:Ledger, a powerful CLI accounting tool by thelsdj on Tuesday May 06, 2014 @08:05PM (#7707913)

I spent 10-15 hours (mostly in Ledger) figuring out what my Bitcoin tax liability was. Not (mostly) Ledger's fault that it took so long. Now that I know what I'm doing, I should be able to do this year in just a few hours.

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Re:Ledger, a powerful CLI accounting tool by Torgo on Tuesday May 06, 2014 @09:19PM (#7708136)

Ledger appears to be the "prescribed" way to do accounting natively in Bitcoin/other cryptocurrencies as well. I investigated this earlier this year. Quicken is out, no support and no way to add it in. And I found that GNUCash can't handle bitcoin's level of divisibility, and is tied to ISO currency codes. Ledger doesn't care about any of that.

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Re:Ledger, a powerful CLI accounting tool by atmosx on Wednesday May 07, 2014 @03:55AM (#7709070)

What do you mean by 'divisibility'?

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Re:Ledger, a powerful CLI accounting tool by Semiapies on Wednesday May 07, 2014 @03:58AM (#7709079)

Probably the use of tiny fractions of a Bitcoin in transactions.

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