Great resource, thanks for sharing. My business accounts aren&#x27;t <i>too</i> complicated but there are a few quirks which seem to stop me from migrating over from Freeagent, namely:<p>. Client + invoice integration<p>. Invoice preparation, with translated templates<p>. Multiple currency invoicing, with auto-calculated gain&#x2F;loss<p>. Cashflow reports<p>. P+L, balance sheet<p>. UK tax calculations for self-assessment and for corporation tax<p>There&#x27;s a chance I could replicate some of this in Ledger, but that&#x27;s got time, energy and potential mistakes written all over it.<p>The accountant I work with charges more than average (from what I can tell - I pay £1k per year all-in, more or less, rarely have to lift a finger) but a) includes me on their own Freeagent [0] license (&#x27;saving&#x27; £300 pa) and b) is very tax efficient.<p>Knowing what I now know after years of working with accountants, however, there&#x27;s an outside chance I could be as efficient without the associated costs. But then a contact of mine pays £500 a year for their accountant to submit official accounts and has to do his book-keeping manually, with no real cashflow oversight. Plus with ever-changing regulations and the ability to more easily sell or obtain credit for the business, it really makes sense to work with an accountant, as far as I can tell.<p>Anyone else wrestled with this before? I take it some of you might have, as this CLI accounting approach seems to appeal to us DIY&#x27;ers.<p>This year I do intend to get serious about accounting and my approach to finances. First I&#x27;m going to read <i>Financial Intelligence for Entrepreneurs</i> [1], as previously recommended on HN and elsewhere, to get a handle on what I <i>ought</i> to be looking at on a regular basis. Then I&#x27;m going to start to follow my new YNAB [2] account closely, although the use of that is unfortunately complicated by one of my accounts not importing statements automatically (the import option in the web application is not visible, despite the docs mentioning one) and so I may have to manually add all transactions which... I&#x27;m not keen on doing.<p>I found a spreadsheet that does what YNAB does, but without the bells and whistles, and with manual data-entry, I&#x27;ll pay for the modestly priced online offer if it turns out to be simple enough to use.<p>Overall, it&#x27;s not that things are in bad shape, but they could be better and I&#x27;d like to know what to focus on to ensure stability and growth.<p>So yes, interested in DIY accounts, but not able&#x2F;willing to contribute to improving them just yet.<p>--<p>[0] - <a href="https:&#x2F;&#x2F;lukespear.co.uk&#x2F;2011&#x2F;07&#x2F;online-accounting-for-freelancers-and-small-businesses" rel="nofollow">https:&#x2F;&#x2F;lukespear.co.uk&#x2F;2011&#x2F;07&#x2F;online-accounting-for-freela...</a><p>[1] - <a href="http:&#x2F;&#x2F;www.amazon.com&#x2F;dp&#x2F;1422119157&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.amazon.com&#x2F;dp&#x2F;1422119157&#x2F;</a><p>[2] - <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;You_Need_a_Budget" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;You_Need_a_Budget</a>