I've also had the same problems you described here and double-entry bookkeeping is the way to go for financial accuracy. As a programmer, things clicked when I realized this system is an extended directed graph. Here's my contribution to this discussion: https://matheusportela.com/double-entry-bookkeeping-as-a-directed-graph
Keep up the great work on these articles! They've caused me to think more intentionally about how my organization approaches and interacts with payments.
Additionally, I'd be interested and willing to buy a book about building a future-proof ledger. As long as you continue in a similar pattern of writing as your posts while adding context and specifics, I'm in!
Great write up!
I've also had the same problems you described here and double-entry bookkeeping is the way to go for financial accuracy. As a programmer, things clicked when I realized this system is an extended directed graph. Here's my contribution to this discussion: https://matheusportela.com/double-entry-bookkeeping-as-a-directed-graph
Hi Matheus! Would you believe me if I told you that I read your post in preparation for this article? I love the Internet!
Keep up the great work on these articles! They've caused me to think more intentionally about how my organization approaches and interacts with payments.
Additionally, I'd be interested and willing to buy a book about building a future-proof ledger. As long as you continue in a similar pattern of writing as your posts while adding context and specifics, I'm in!
Hi Bayler, thanks for your kind words! Stay tuned for more on ledgers in the future... ;)