Small business owners, for bookkeeping, do you?
If none of the below, please describe your system!
@emacsen I have a spreadsheet that implements double-entry bookkeeping and the necessary reports. It's currently a Google sheet but would probably work in other programs.
@emacsen I'm not sure I'd recommend it for everyone though, it gives enough freedom to get oneself into trouble
Whereʼs GNUCash from that list? 😧 For one of my businesses, and for private book keeping, i use that. For the other business i pay someone to do it for me, and iʼm pretty sure they use some proprietary stuff.
I never really considered that, but I'm glad you mentioned it.
I'm currently using beancount, but If I weren't, I'd very likely use something like an envelope budgeting system until I got too big and switched to a paid bookkeeper.
I'm just curious what other people do.
I also use the Android version of GNUCash, so when i use cash i can instantly book it and integrate it into the actual book keeping files (the Android version is pretty poor in features, somewhat understandably, and canʼt use the full-fledged data files even though they are on my nextcloud).
I think for now, I'll stick to Ledger for my business.
For my home finances, I've thought about envelope accounting. I hadn't considered GNU Cash. I was thinking about budgetzero, or simply using envelope accounting with beancount ala (https://github.com/zombor/hledger-envelope-budget) but it looks like GNUCash can also do the same https://wiki.gnucash.org/wiki/Envelope_Budgeting_for_GnuCash
Certainly things to think about!
The social network of the future: No ads, no corporate surveillance, ethical design, and decentralization! Own your data with Mastodon!