On Tue, Mar 18, 2014 at 1:39 AM, Paul Lathrop <[email protected]>wrote:
> Does anyone on the list who is running a business do "closing entries" for > their business with ledger? ( > http://www.cliffsnotes.com/more-subjects/accounting/accounting-principles-i/completion-of-the-accounting-cycle/closing-entries > ) > > I've been doing them by hand for a couple of years using the data from > ledger. I use "ledger equity expenses" to get a equity entry for my > expenses for the year. Then I change the signs by hand and use "Income > Summary" as the balancing account instead of "Equity:Opening Balances". I > then do the same process with "ledger equity income". It's easy enough to > do (I use emacs) but annoying and I wish it were as simple as "ledger > year-end-entries". > > I just discovered the --invert flag, but sadly it does not work with the > "ledger equity" command. > > Does anyone have a more efficient way to do this kind of thing with ledger? > FWIW, the process of closing entries in Beancount is a functional operation on a list of entries (returns a new list of entries with the closing entries inserted and whatever comes after deleted) and is automatically applied when you view transactions filtered by a specific exercise period, be it a year or a month or whatever. I think it's best not to do closing manually, to allow the creation of views across these boundaries, e.g. a period of the least two calendar years, or, the last year from today's date. -- --- You received this message because you are subscribed to the Google Groups "Ledger" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
