Transity VS accounts

I've been preaching to use a simpler accounting system for years and even built my own tool for it: https://github.com/ad-si/Transity

But so far with little success. I think I’m the only active user of Transity.

might be interesting to someone here: while researching this i found a PTA program called Transity (blog, github) by /u/adwolesi (i'm not affiliated with them). Transity's model allows having multiple entities transferring stuff between each other which sounds useful for this kind of thing, though i don't really like how the YAML format looks.

I use ledger: https://ledger-cli.org/

I believe this same plain text format is used by other tools, which you can find info about here: https://plaintextaccounting.org/ (In particular a lot of people seem to use hledger and beancount)

The ledger is written using a text editor. The purpose of the software is to add everything up, calculate the balances and make sure everything balances. I keep all of my 12 years of accounting in one file and haven't noticed any slowdown. But a real business would surely have many more accounts and may want to split files by financial year or something.

I use helper scripts to convert the data from my bank CSV downloads into ledger format. It uses machine learning to associate payees to accounts (e.g. "Tesco" gets filed to the account "Expenses:Groceries"). I haven't maintained the ML part although it works for me most of the time. In case it's useful, the code is here: https://github.com/georgek/accounts/