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Author Topic: How much book keeping do you guys do?  (Read 2010 times)
gweedo
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June 29, 2012, 04:51:16 PM
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I am just curious as to how much book keeping everyone else does?

For me personality since I do re-use alot of my address like a lot of people on here probably do, I have been keeping an excel spreadsheet with 5 columns. First is the Payee/payer if I do have a name. Second column is their address(es) from where the bitcoins were sent or received. Third column is like a memo and 4th is the transaction id. The last column is amount if negative I know I sent it and if positive I know I have received it.

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June 29, 2012, 05:00:22 PM
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New address for every transaction, empty it using coin control and never use it again. Only record kept is total balance.

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June 29, 2012, 05:26:04 PM
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I am just curious as to how much book keeping everyone else does?

For me personality since I do re-use alot of my address like a lot of people on here probably do, I have been keeping an excel spreadsheet with 5 columns. First is the Payee/payer if I do have a name. Second column is their address(es) from where the bitcoins were sent or received. Third column is like a memo and 4th is the transaction id. The last column is amount if negative I know I sent it and if positive I know I have received it.

Hello gweedo,

Yes, record keeping is a major PITA especially if multiple addresses are involved. I use spreadsheets to keep track using almost the same setup as you.
I have been looking into pywallet, coin control, alternative clients, etc in hopes that they could help with recordkeeping.

It would be nice if an app existed where all I had to do was enter the address(es) and all the transactions were presented nicely, without requiring private keys. Maybe it already exists but I haven't found it yet.

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June 29, 2012, 05:55:28 PM
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I am just curious as to how much book keeping everyone else does?

For me personality since I do re-use alot of my address like a lot of people on here probably do, I have been keeping an excel spreadsheet with 5 columns. First is the Payee/payer if I do have a name. Second column is their address(es) from where the bitcoins were sent or received. Third column is like a memo and 4th is the transaction id. The last column is amount if negative I know I sent it and if positive I know I have received it.

Hello gweedo,

Yes, record keeping is a major PITA especially if multiple addresses are involved. I use spreadsheets to keep track using almost the same setup as you.
I have been looking into pywallet, coin control, alternative clients, etc in hopes that they could help with recordkeeping.

It would be nice if an app existed where all I had to do was enter the address(es) and all the transactions were presented nicely, without requiring private keys. Maybe it already exists but I haven't found it yet.

Something like this sounds like it would be excellent. I have also been struggling with accounting (though I only have to handle personal stuff); the best I could do for now is Excel to track my investments and a (poor) attempt at using gnucash to keep track of cashflow.
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June 29, 2012, 07:29:23 PM
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I don't.

They're there, in their room.
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gweedo
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June 29, 2012, 07:33:05 PM
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Something like this sounds like it would be excellent. I have also been struggling with accounting (though I only have to handle personal stuff); the best I could do for now is Excel to track my investments and a (poor) attempt at using gnucash to keep track of cashflow.

If you need to do personal I use mint.com it is the best and I don't think they had any major security breach, may we all should appeal to them to accept bitcoin transactions tracking but I don't it since the parent company to them is the same ones that make quickbooks so I doubt they added in bitcoins.

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June 29, 2012, 07:35:37 PM
 #7

I am just curious as to how much book keeping everyone else does?

For me personality since I do re-use alot of my address like a lot of people on here probably do, I have been keeping an excel spreadsheet with 5 columns. First is the Payee/payer if I do have a name. Second column is their address(es) from where the bitcoins were sent or received. Third column is like a memo and 4th is the transaction id. The last column is amount if negative I know I sent it and if positive I know I have received it.

I wrote an iOS app (that is waiting for review) to help manage bitcoin addresses...pm me and I'll give you a free copy when (if) it gets approved. It's called myBitcoin. Hopefully will be available within a week.

My very own Casascius Bearer Bar: 1GCDzqmX2Cf513E8NeThNHxiYEivU1Chhe
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June 29, 2012, 07:39:38 PM
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I will have to add transaction lists to it...right now it just converts first bits to addresses, confirms with block chain the balance, grabs a qoute from MtGox, and keeps them all in a list (more or less...you can select an icon for each address...eg, bitbills, casascius coins, easywallet, printcoin, etc).

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gweedo
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June 29, 2012, 07:42:37 PM
 #9

I am just curious as to how much book keeping everyone else does?

For me personality since I do re-use alot of my address like a lot of people on here probably do, I have been keeping an excel spreadsheet with 5 columns. First is the Payee/payer if I do have a name. Second column is their address(es) from where the bitcoins were sent or received. Third column is like a memo and 4th is the transaction id. The last column is amount if negative I know I sent it and if positive I know I have received it.

I wrote an iOS app (that is waiting for review) to help manage bitcoin addresses...pm me and I'll give you a free copy when (if) it gets approved. It's called myBitcoin. Hopefully will be available within a week.
pmed I would like to try this out.

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June 29, 2012, 08:00:25 PM
 #10

Something like this sounds like it would be excellent. I have also been struggling with accounting (though I only have to handle personal stuff); the best I could do for now is Excel to track my investments and a (poor) attempt at using gnucash to keep track of cashflow.

If you need to do personal I use mint.com it is the best and I don't think they had any major security breach, may we all should appeal to them to accept bitcoin transactions tracking but I don't it since the parent company to them is the same ones that make quickbooks so I doubt they added in bitcoins.
+1. They actually were purchased by Intuit, and the site was a bit better previously without all the affiliates and advertising junk, but it does work quite well.

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June 29, 2012, 08:18:27 PM
 #11

I am just curious as to how much book keeping everyone else does?

For me personality since I do re-use alot of my address like a lot of people on here probably do, I have been keeping an excel spreadsheet with 5 columns. First is the Payee/payer if I do have a name. Second column is their address(es) from where the bitcoins were sent or received. Third column is like a memo and 4th is the transaction id. The last column is amount if negative I know I sent it and if positive I know I have received it.

I wrote an iOS app (that is waiting for review) to help manage bitcoin addresses...pm me and I'll give you a free copy when (if) it gets approved. It's called myBitcoin. Hopefully will be available within a week.

You should seriously consider changing the name of the app.

Just look into the MyBitcoin.com fiasco from last year, and I guarantee you'll not want to be associated with that label in any way.

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June 29, 2012, 09:11:21 PM
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NONE. Cant be bothered to create another way to have every transaction I ever did exposed. Bad enough the client keeps that info in the wallet.
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June 29, 2012, 09:37:01 PM
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NONE. Cant be bothered to create another way to have every transaction I ever did exposed. Bad enough the client keeps that info in the wallet.
lol

You realize that every single bitcoin transaction of yours is public, right? And everyone that has the Satoshi client also has a complete database of any and all bitcoin transactions ever made.

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June 29, 2012, 10:15:42 PM
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Very little. I try to use a new address for every deposit but sometimes I cant be bothered to turn on my wallet PC so ill re-use them occasionally.
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June 30, 2012, 02:39:16 AM
 #15

I am just curious as to how much book keeping everyone else does?

For me personality since I do re-use alot of my address like a lot of people on here probably do, I have been keeping an excel spreadsheet with 5 columns. First is the Payee/payer if I do have a name. Second column is their address(es) from where the bitcoins were sent or received. Third column is like a memo and 4th is the transaction id. The last column is amount if negative I know I sent it and if positive I know I have received it.

I wrote an iOS app (that is waiting for review) to help manage bitcoin addresses...pm me and I'll give you a free copy when (if) it gets approved. It's called myBitcoin. Hopefully will be available within a week.

You should seriiously consider changing the name of the app.

Just look into the MyBitcoin.com fiasco from last year, and I guarantee you'll not want to be associated with that label in any way.

Apparently I named it myBitcoins (had to check!). I thought about the mybitcoin.com fiasco (crime), but I seriously doubt I will get more than a dozen buyers, if that, no matter what it's called. I wrote the code for myself to use and it does what I want it to do. I am putting it up for $0.99...if there is any significant interest, I will spend time improving it for others (presumably for fellow forum members).

If I were hoping to strike it rich, I would not pick the name (nor such a simple logo).

While I feel bad for those who got ripped off in the mybitcoin.com theft, I remember thinking the whole time it was so stupid to deposit money with some guy no one knows. I think linking a real identity to a username is sorely needed to give Bitcoin more legitimacy, and I think Mike's work with Casascius coins is a great example. I'm also not a fan of announcing stuff in vapor ware style (cough...ellet....cough), but my stuff is done just awaiting the Apple review...and it's no where near as important/revolutionary as what MNW is claiming.

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June 30, 2012, 04:27:18 AM
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New address for every transaction, empty it using coin control and never use it again. Only record kept is total balance.
this

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June 30, 2012, 06:01:04 PM
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Something like this sounds like it would be excellent. I have also been struggling with accounting (though I only have to handle personal stuff); the best I could do for now is Excel to track my investments and a (poor) attempt at using gnucash to keep track of cashflow.

If you need to do personal I use mint.com it is the best and I don't think they had any major security breach, may we all should appeal to them to accept bitcoin transactions tracking but I don't it since the parent company to them is the same ones that make quickbooks so I doubt they added in bitcoins.

I was strictly referring to Bitcoin. Yes, mint is extremely useful, I rarely log in to individual accounts any more.
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July 01, 2012, 02:06:34 PM
 #18

I am just curious as to how much book keeping everyone else does?

For me personality since I do re-use alot of my address like a lot of people on here probably do, I have been keeping an excel spreadsheet with 5 columns. First is the Payee/payer if I do have a name. Second column is their address(es) from where the bitcoins were sent or received. Third column is like a memo and 4th is the transaction id. The last column is amount if negative I know I sent it and if positive I know I have received it.

Hello gweedo,

Yes, record keeping is a major PITA especially if multiple addresses are involved. I use spreadsheets to keep track using almost the same setup as you.
I have been looking into pywallet, coin control, alternative clients, etc in hopes that they could help with recordkeeping.

It would be nice if an app existed where all I had to do was enter the address(es) and all the transactions were presented nicely, without requiring private keys. Maybe it already exists but I haven't found it yet.

A blockchain.info wallet does this, they are called watch addresses.

Also it let's you spend if you want, it will prompt you for the private key, sign the tx, then destroy its copy.

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July 01, 2012, 07:03:14 PM
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I am just curious as to how much book keeping everyone else does?

For me personality since I do re-use alot of my address like a lot of people on here probably do, I have been keeping an excel spreadsheet with 5 columns. First is the Payee/payer if I do have a name. Second column is their address(es) from where the bitcoins were sent or received. Third column is like a memo and 4th is the transaction id. The last column is amount if negative I know I sent it and if positive I know I have received it.

Hello gweedo,

Yes, record keeping is a major PITA especially if multiple addresses are involved. I use spreadsheets to keep track using almost the same setup as you.
I have been looking into pywallet, coin control, alternative clients, etc in hopes that they could help with recordkeeping.

It would be nice if an app existed where all I had to do was enter the address(es) and all the transactions were presented nicely, without requiring private keys. Maybe it already exists but I haven't found it yet.

A blockchain.info wallet does this, they are called watch addresses.

Also it let's you spend if you want, it will prompt you for the private key, sign the tx, then destroy its copy.

Thanks for the heads up, ErebusBat.  Cool

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July 02, 2012, 11:18:42 AM
 #20

I am just curious as to how much book keeping everyone else does?

For me personality since I do re-use alot of my address like a lot of people on here probably do, I have been keeping an excel spreadsheet with 5 columns. First is the Payee/payer if I do have a name. Second column is their address(es) from where the bitcoins were sent or received. Third column is like a memo and 4th is the transaction id. The last column is amount if negative I know I sent it and if positive I know I have received it.

Hello gweedo,

Yes, record keeping is a major PITA especially if multiple addresses are involved. I use spreadsheets to keep track using almost the same setup as you.
I have been looking into pywallet, coin control, alternative clients, etc in hopes that they could help with recordkeeping.

It would be nice if an app existed where all I had to do was enter the address(es) and all the transactions were presented nicely, without requiring private keys. Maybe it already exists but I haven't found it yet.

A blockchain.info wallet does this, they are called watch addresses.

Also it let's you spend if you want, it will prompt you for the private key, sign the tx, then destroy its copy.

Thanks for the heads up, ErebusBat.  Cool
+1 to this. I wrote my software to start emulating this function of blockchain....I just hated logging in, so I made an app.

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