Dear Rick, Good point. I am thinking of making a webpage dedicated to basic ledger entries(basically a crash course in book-keeping and basic accounting) for all newbies who want to use ledger-cli. I think it would be a resource that would be greatly appreciated. It will cover(with great depth and simplicity):-
1. How to get started with Ledger-cli with Emacs (as thats most popular) 2. A brief structure of accounting chart 3. Make first entries successfully (for small businesses) using examples 4. Basic Report printing (Income Statement and Balance Sheet) Maybe cash flow too. Would you be interested in helping ? This is open to anyone else on this forum too. On Thursday, May 7, 2015 at 4:52:16 PM UTC+7, Kev Lau wrote: > > Hi, > I am still having difficulties with coming up with a proper mean of using > a ledger for my business. I am hoping that someone here could see my Ledger > and tell me if it looks sound. I don't want to make alot of entries and > later realize I have been doing it wrong. I have read some material on > accounting and feel that I understand how to make entries(but not sure how > well I am organized and structured) > > Below is a sample of my hypothetical testing ledger. If you could have a > look and give me some advise/tips I would deeply appreciate it. > > > > #GENERAL_ELECTRIC:ASSETS:CASH:CITIBANK US$-12,998.06 ;cash > recd, debit to cash acct. > #GENERAL_ELECTRIC:LIABILITIES:ACCOUNT_PAYABLE:VENTURE_ENTERPRISE US$ > 12,998.06 > > #GENERAL_ELECTRIC:EXPENSES:BANK:CITBANK:FEES US$-19.35 ;cash paid out > credit to cash acct. > #GENERAL_ELECTRIC:EXPENSES:BANK:CITIBANK:FEES US$-77.41 ;cash paid > out credit to cash acct. > #GENERAL_ELECTRIC:ASSETS:BANK:CASH > > #GENERAL_ELECTRIC:ASSETS:CASH:CITIBANK US$-4,998.06 > #GENERAL_ELECTRIC:LIABILITIES:ACCOUNT_PAYABLE:VENTURE-ENTERPRISE US$ > 4,998.06 > > #GENERAL_ELECTRIC:EXPENSES:BANK:CITIBANK:FEES US$-34.19 > #GENERAL_ELECTRIC:EXPENSES:COST_OF_GOODS_SOLD:TRIA_SOLAR:INV004 > US$-12,000.00 > #GENERAL_ELECTRIC:EXPENSES:BANK:CITIBANK:FEES US$-34.19 > #GENERAL_ELECTRIC:EXPENSES:COST_OF_GOODS_SOLD:DYNO_WORKS:INV004 > US$-3,808.00 > #GENERAL_ELECTRIC:ASSETS:CASH:CITIBANK > > #GENERAL_ELECTRIC:REVENUE:SALES:MICROSOFT:INV004 > > US$6,000.00 > #GENERAL_ELECTRIC:ASSETS:RECEIVABLES:INV004 > US$-6,000.00 > > > -- --- 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.
