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90% convinced accounting should be a programming role. Accumulating data from multiple sources into your chart of accounts almost always requires code of some kind. I’m guessing this is never done properly and accounts are just inaccurate because of this.

With ledger-cli + sql and parsing zap data I can have very accurate balance sheet of zap donations, total zaps broken down by posts, merch sales, even cln routing fees earned, sats lost due to channel close fees, etc. couldn’t have done it without code.

also gm nostr

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Discussion

fred 2y ago

gm. Was this stream of consciousness before or after coffee?

jb55 2y ago

This is my brain immediately after waking. Its part of the boot process or something. Some kind of power-on-self-test

fred 2y ago

Right on. That little space between being awake and dreaming.

jennifer dupont 🌸 2y ago

Keep napping! 😂 and gm ☕️

Scurvydog 2y ago

Hopefully without errors.

Pextar 2y ago

GM☕️🫂

rejon 2y ago

totally agree and big for ai

gm brov

jb55 2y ago

I used AI to build the boilerplate code for converting some of the source data to ledger-cli postings. Was thinking LLMs would also be good at building the chart of accounts and categorizing transactions as well… not sure i want to send this data to openai though :/

We need #edgeai

738ea36e... 2y ago

You don't have to share with OpenAI using LLaMA.

It's already possible to run it in a browser environment🤯(currently only the new chrome afaik):

https://mlc.ai/web-llm/

738ea36e... 2y ago

I plan to integrate it into https://autobtc.ai very soon, so I'll be able to share how good it is.

remyers 2y ago

In the new AI podcast from @Guy Swann @Jeff Booth mentioned a self hosted GPT that was very comparable. Might want to check it out if you think #edgeai could be useful for this.

Dan Wedge 2y ago

Great morning sir, thank you for your hard work

MattA 2y ago

GM! 🤙🏽☕️☀️

TKay 2y ago

GM.

But accounts aren’t there to ensure the numbers are right.

They are there to make them look right.

😉🤫

jimbocoin 🃏 2y ago

Last year I started learning accounting for the first time. I found hledger with text-based journals to work well. I don’t know to what degree it differs from ledger-cli. https://hledger.org/

Agreed that accounting is probably best done as a programming job. 😅

jb55 2y ago

afaik hledger is just a haskell reimplementation of ledger-cli. Highly recommend the cli version. Its really good once you learn the commands. Docs are really good as well.

iru@localhot $_ 2y ago

Python Pandas and Numpy modules are really handy.

DefiantDandelion 2y ago

I’m 90% convinced every role should be a programming role.

El_monty 2y ago

It is, just that its all excel macros 😱!

apa 2y ago

GM!

Yeah, I told my brother to avoid accounting as a major and instead focus on computer science and/or math in college. AI is a part of every industry now, including art and entertainment.

Peter Todd 2y ago

Advanced Excel is programming.

Byrdman 2y ago

Garth 2y ago

Agree it should be automated where possible, but either way is why reconciling cash at bank is so key.

₿ennett 2y ago

Gm, are you using QuickBooks or what?

jb55 2y ago

https://ledger-cli.org

₿ennett 2y ago

Very cool never heard of this before. Whenever you need a full erp hit me up i sell netsuite in the fiat mines

marcano 2y ago

In the meantime I’d settle for an accountant that can read a block explorer.

notmandatory 2y ago

I worked on enterprise fiat accounting software for about a decade and one of the toughest parts is reconciling things like checks that may or may not clear, and data is always delayed and often comes from archaic format text files. Bitcoin and lightning and nostr plus fedi and cashu and all the rest will fix this. Live async comms and instant final settlement means instant reconciliation. Added bonus of much less toxic PII, ie don’t need vendor /customer id or bank info to pay or get payed.

Ben Campbell 2y ago

Accountants need the drive for automation that some have latched onto in software. I’ve seen programmers who fail to automate so they struggle as well with speed and correctness.

All to say that making an accountant a programmer doesn’t imply they we’ll have the desired outcome.

Artur…qywr 2y ago

Max J 2y ago

Worked in investment fund accounting for a large custodian. It was a sysadmin role with a layer of input data quality checks. Computers did all of the “accounting”

Perla 2y ago

🤯 💯

ᴀᴅᴀꜱʜᴇᴋ 2y ago

you do know this has been a thing for decades. enterprise grade ERP subledgers do this, and yes about 98.6+% automated