On Tue, Mar 6, 2018 at 1:59 AM, Rick Mann <[email protected]> wrote:
> I'd like to use Ledger to keep track of both my personal and LLC finances. > But I'm frequently moving money between them (usually personal into the > LLC), and I'm weighing the pros and cons of keeping them all in one > journal, so that I don't have to duplicate the transactions between them. > > Ideally, I could do this with two journal files, one for personal and one > for the LLC, and have it read in both files each time I run ledger. But I > don't seem to be able to specify multiple files. > > I'd like to do the same to break up journal files into years or even > months, so they don't grow too large. > > Is that possible? > Greetings I have had this issue for many years. So I compromised - - - :-) ! All of my finances are logged in the same journal - - - but expenses that are personal are logged as personal - - - those that are blended are partially ascribed to personal or business with a division as is appropriate. Appropriate meaning justifiable and provable (which I believe would satisfy any auditor). Business expenses are logged as business expenses. I also save my journal file after every month's data has been entered using the date of that saving as a subtend to the file name (to make it easy to find things if needed). Am keeping up to 2 years of data in the active journal as I do lots of copy and paste (saves time on recurring transactions) and this (2 years of files) gives me a high likelihood of having a previous similar transaction. So after the start of the third year I stop including the first years information but then the journal 'name' is also changed. AIUI business and personal is not supposed to be mixed but ledger enables me to specify by code which transactions are included in any calculations so I do think that I'm covered. As there is lots of personal funds still being used by the business - - - well I think its only expedient to mingle the two files whilst still keeping strict records (I am not trying to pass off ALL personal expenses as business expenses!!). hth Dee -- --- 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.
