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Comment by stvltvs

6 hours ago

Double-entry bookkeeping is a transformational way of thinking about money. There's a reason it took over the world. Even if I just tracked expenses in a spreadsheet, it would help that I know double-entry.

The concept of DE BK is simple, yet powerful. The difficult part is to track every penny. For personal finances that doesn't make much sense, but for a business it's essential.