Skip to content

Full accounting cycle with just five commands

Compare
Choose a tag to compare
@epogrebnyak epogrebnyak released this 15 Oct 17:58
· 329 commits to main since this release

0.7.0

The cx command line tool enables to run entire accounting cycle from postings to reports with just five commands:

  • init - start new project in folder,
  • post - post accounting entry with debit account, credit account and transaction amount,
  • close - post closing entries at accounting period end,
  • name - specify verbose account names for reports, and
  • report - show trial balance, balance sheet or income statement.

There is a textbook example from Principles of Accounting textbook by Weygandt, Kimmel and Kieso - the starting of Joan Robinson law office (ed 12, p. 31). There are 11 transactions in the excercise and under 20 lines of code to solve it with abacus,
check it out!