Full accounting cycle with just five commands
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, andreport
- 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!