Hi Fergus, Thanks for sharing your experience with me. Yes, I can see how multiple jurisdictions would end up being a hassle, especially in your case! I'll take your advice and and let ledger do the heavy lifting if I need it. Luckily in my case I'm not trying to run a business or anything, so it's a lot more straightforward.
I'd be interested in reading about your experience using ledger for your business if you've put anything on the internet about it. On July 15, 2020 2:00:59 AM GMT+08:00, Fergus Cameron <[email protected]> wrote: >Agree with Martin, do not try to organize accounts in relation to how >you understand them but how they are; idea being that ledger does the >processing to produce what you need; this is not to trivialize the >difficulties of course but generally, what you want to see at any >particular time changes more than things that tie into the external >view (i.e. tax and bank). > >Ran small consulting business across Europe and the US using ledger >(i.e. >6 currencies) and made the mistake you are thinking about (at least it >turned out to be a mistake for me). It resulted in complex reports to >accommodate a single, simplified view which tried to keep currencies >separate, but in the long-run I ended up with very awkward 3 or 4 stage >reports instead of slightly more complex 1 or 2 stage reports. And, >once I was that deep in, the initial desire for "can I just run >'ledger bal' and see this", was long gone. > >All the best though, multiple currencies are not easy in my experience >and multiple jurisdictions are a nightmare. > >On 13/07/2020, Martin Michlmayr <[email protected]> wrote: >> * Randy Josleyn <[email protected]> [2020-07-09 22:21]: >>> > I have 3 main currencies plus some more when I travel and I have >no >>> > problem. >>> >>> Do you mind if I ask about how you've got your accounts structured? >> >> I do not add the currency to my account names. There are different >> philosophies regarding account names and I lean towards simple >account >> names. >> >> Many accounts only have one currency in them (e.g. a bank in one >> country), but others have several currencies and I have not had any >> problems with this. Something I limit the reg output to a specific >> currency, but otherwise I don't think I use any "advanced" tricks. >> >> What issues do you run into specifically? >> >> -- >> Martin Michlmayr >> https://www.cyrius.com/ >> >> -- >> >> --- >> 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]. >> To view this discussion on the web visit >> >https://groups.google.com/d/msgid/ledger-cli/20200713052832.GD8469%40jirafa.cyrius.com. >> > >-- > >--- >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]. >To view this discussion on the web visit >https://groups.google.com/d/msgid/ledger-cli/CAHCf7OFzejAN7coBp%2BdfrY4BYbLT7rQ5H_7ywDEcMbmtq6oovA%40mail.gmail.com. -- Sent from my Android device with K-9 Mail. Please excuse my brevity. -- --- 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]. To view this discussion on the web visit https://groups.google.com/d/msgid/ledger-cli/9A345752-8E52-47CE-B412-D9F766849DB3%40gmail.com.
