Ledger is an accounting tool.
Ledger has it's own format, which it refers to as
.dat. These files are
ledger journal files, and it's recommended to keep the in version control.
At the highest level you have five sorts of accounts:
- Expenses: where money ges,
- Assets: where money sits
- Income: where money comes from
- Liabilities: money you owe
- Equity: the real value of your property
Currencies are commodities. By default Ledger will not convert currencies (since it doesn't know their current values) so instead it will keep them as separate.
$ ledger bal print balance