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Carlos Araoz edited this page May 2, 2015
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This project is a general accounting general ledger written for Python 3. The program should accept basic journal entries stored to a file and the program should be able to spit out financial statements for it. The final goal of this program is to properly treat accounts as per Kieso's Intermediate Accounting 15th Ed. textboook. The end product should be GAAP compliant.
For example: Cash and cash equivalents should first be treated in the main Cash account but eventually find a way to report for cash equivalents.
#To Do
- Create a more efficient way to store accounts to flat files
- What about reversing entries and contra accounts?
- Temporary accounts? [Fair Value Adjustment and Income Summary accounts for example]
- Transaction IDs for entries?
- Create a balance sheet and income statement reporter (possibly export to html)
- Find a way to generate a cash flow statement
- Make an online interface eventually