I believe the official way to set ledger path in ledger-mode, is to 
customize variable ledger-binary-path.
In emacs, type "M-x customize-variable", then "ledger-binary-path", and 
then set the path to the ledger executable. Once done, click on "Apply and 
save" so that this is saved in .emacs file.

Thierry

On Saturday, January 10, 2015 at 2:12:10 PM UTC+1, Phil Gee wrote:
>
> Hello, 
>
> I am fairly new to ledger and emacs. Ok, to be more precise I currently 
> give emacs a second chance by using it for ledger. The latter one works 
> perfectly fine as command line tool in any folder, ie ledger is to be found 
> in the $PATH-variable. However, if I try to run ledger-mode in emacs 
> (obviously after setting it up in .emacs as described in the manual) I get 
> the error message "" after trying to generate a balance record:
>
> Command: ledger -f /Users/phil/ledger/test/input/demo.ledger bal
>
> ===============================================================================
>
> /bin/bash: ledger: command not found
>

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