EDIT: I changed the Subject This thread is a spin-off from
GnuCash support for alternative/non-ISO currenciesLets concentrate on
Ledger and how to use it with value transfer systems like BTC, LTC, PPC and others.
Lets keep all the gnucash talk and how-to's here
GnuCash support for alternative/non-ISO currenciesFor start, I have never used Ledger before but I like the idea and as I understand, it's excellent reporting and has a really good support for multiple currency accounting (where gnucash has failed me).
This the case I like to resolve:
1) We have successfully completed 2 offers and collected the required coin to get the show on the road.
2) I must track Share capital or capital stock on LTC and EUR
3) We have acquired equipment that will be used for years so:
I like to set up:
- Equity
- Share capital LTC
- Share capital BTC
- Share capital EUR
- Opening Balance
- Retained Earnings
....
- Fixed Assets
-Equipment "A"
-Cost (Cost account)
-Depreciation (Accumulated Depreciation account for A)
-Equipment "A"
-Cost (Cost account)
-Depreciation (Accumulated Depreciation account for B)
-Current Assets
-Bank EUR
-Bank LTC
-Investments
- Stocks in LTC only
- shares of ASD (LTC)
- Stocks in BTC only
- shares of WSX (BRC)
- Stocks in EUR only
- shares of IBM (EUR)
and so on
-Expense
- Depreciation (Depreciation Expense account)
- Banking Fees
... and so on
Oh, and lets not forget 20% VAT
If you have a good EU (VAT) and BTC specific chart of business accounts, please post it here.
