Money
DoubleEntry
| Money | DoubleEntry | |
|---|---|---|
| 4 | 1 | |
| 2,684 | 408 | |
| 0.3% | 0.5% | |
| 7.3 | 5.7 | |
| 7 days ago | 6 months ago | |
| Ruby | Ruby | |
| MIT License | MIT License |
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Money
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Keep Your Ruby Code Maintainable with Money-Rails
Many other options are available to customize this for your Ruby on Rails app. Check out the full details in the money and money-rails guides.
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Why I Stopped Using Sorbet in All My Ruby Projects
For now I just try to use better objects, avoiding primitive datatypes in internal code (using the null object pattern or an option/maybe class can go a long way), and using gems that do the same, such as dry-rb and money.
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[Production code] The previous dev thought it was ok to use floating point variables for money
Java has to have a modern money library by now? Ruby has one => https://github.com/RubyMoney/money
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Currency Calculations in Ruby
Make sure to refer to the docs for more of the provided currency attributes, such as iso_code (which returns the international three-digit code of that currency) and decimal_mark (the char between the value and the fraction of the money data), among others.
DoubleEntry
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TigerBeetle raises $6.4M to power the future of financial accounting infra
Roughy `account(id, cached_balance)`, `transaction_lines(src_account, dst_account, amount)`
This gem does literally billions of dollars worth of financial accounting for various companies at scale: https://github.com/envato/double_entry
It's dated, the API is a bit messy and needs work, as it was initially written 10+ years ago, but for a web based app I would choose a v2 of it over a non-posgres ( assuming you are using Postgres for your app ) solution.
What are some alternatives?
Monetize - A library for converting various objects into `Money` objects.
Plutus - A Ruby on Rails Engine which provides a double entry accounting system for your application
Wallet - A Ruby program to track your finances.
eu_central_bank - A gem that calculates the exchange rate using published rates from European Central Bank. Compatible with the money gem
Income Tax Estimation - Ruby library to calculate the income tax for any country
money-rails - Integration of RubyMoney - Money with Rails
Money-Collection - Optimized operations on collection of Money objects
keepr - Double entry bookkeeping with Ruby on Rails