On Sun, Feb 14, 2021 at 3:12 PM Dustin Farris <[email protected]> wrote:
> the sheer volume of work here is an aspect of your "problem" > that I feel should be identified in it's own right, and addressed. > > > ☝️I’m glad to hear you say that — I couldn’t tell if I’m just doing it > wrong or if 25+ really is a lot. > > I feel like I should probably consolidate this somehow. My wife and I > have separate checking/savings accounts. I’m tracking our insurance > account HRA transactions. 5 credit cards. We have multiple investment > accounts each with Fidelity, Vanguard, SallieMae, Barclays. And then > miscellaneous “crowd funded” investments e.g. lending, private equity, real > estate, digital currency — most of which do not provide any kind of useful > export and have to be entered manually. And we have several foreign > accounts. And in case that comes off sounding like we have a lot of money, > we don’t, we’ve just dabbled around with various instruments/institutions > over the years; a couple thousand here, couple thousand there, and now I'm > in accounting hell. > You'll get the most bang for your time investment in Beancount then. It's super nice to have a fully consolidated view of your entire portfolio, across accounts, across multiple currencies. I've enjoyed that for many years now, I can't imagine the opacity around my assets if I hadn't built this... everyone needs this. (I'll revive the "baskets" project at some point, which goes one step further into disaggregating all your holdings back to their stock components and then allows you to reaggregate all the bits and pieces arbitrarily.) > > -- > Dustin Farris > (646) 671-2007 > > > > On Feb 14, 2021, at 11:10 AM, TRS-80 <[email protected]> > wrote: > > On 2021-02-07 10:23, Dustin Farris wrote: > > * I update my journal every month. Getting updated transactions from > 25+ different accounts every month is very time consuming. > > > I just noticed this, while reading back over the last email I sent. > That is a tremendous number of accounts (I am assuming by "account" here > you mean bank/brokerage/card or whatever). I can only imagine how many > /transactions/ that actually works out to. > > Therefore maybe some automation /is/ in order, in your case. Or hiring > a bookkeeper / assistant! At minimum, I would suggest putting aside a > significant amount of your own time to be able to handle the workload > properly. But I am sure you are aware of that already. > > Anyway, the sheer volume of work here is an aspect of your "problem" > that I feel should be identified in it's own right, and addressed. > Although the "right" solution will depend on what suits you and your > situation. > > In a way, text based accounting may be the only tool which makes such a > complicated and voluminous workload possible to keep track of > (especially when considering long term archival, and eschewing lock-in). > Perhaps that's why you keep coming back, maybe you are (consciously or > not) realizing the limitations of off-the-shelf tools. As mentioned in > my other email already, maybe it's then juat a matter of fashioning some > tools /around/ Beancount to help you keep up with the volume. > > Cheers, > TRS-80 > > -- > You received this message because you are subscribed to the Google Groups > "Beancount" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion on the web visit > https://groups.google.com/d/msgid/beancount/3c70ec07dcec427af8f8cdaa56ff5156%40isnotmyreal.name > . > > > -- > You received this message because you are subscribed to the Google Groups > "Beancount" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion on the web visit > https://groups.google.com/d/msgid/beancount/ED91E53B-E55A-414B-9F02-3B8472D384AF%40gmail.com > <https://groups.google.com/d/msgid/beancount/ED91E53B-E55A-414B-9F02-3B8472D384AF%40gmail.com?utm_medium=email&utm_source=footer> > . > -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/CAK21%2BhP2i-%3D%3D0TaRFyOuZ%3DeP5y9a%2BkQfuUjJmzzKOj-KPUYPug%40mail.gmail.com.
