We will soon add more import conveniences, like asking your llm to generate importer for your special pdf formats. See https://finbodhi.com/changelog for details.

We also write about related topics:

We wrote about comparing investment options: https://finbodhi.com/docs/blog/compare-charts

Benchmarking your returns: https://finbodhi.com/docs/blog/benchmark-scenarios

Understanding double entry account: https://finbodhi.com/docs/understanding-double-entry

Most recently we added support for creating custom dashboards. You can compare return with leading/trailing/rolling charts for investment options and benchmark (create custom dashboards tracking nav and value chart of) your portfolio (or a subset of assets you own) and US stocks, etfs etc. And family dashboard (e.g. you can see networth, cashflows, income, use sheets at family level and more). See https://finbodhi.com/changelog for details.

We also write about related topics:

We wrote about comparing investment options: https://finbodhi.com/docs/blog/compare-charts

Benchmarking your returns: https://finbodhi.com/docs/blog/benchmark-scenarios

Understanding double entry account: https://finbodhi.com/docs/understanding-double-entry

Comments URL: https://news.ycombinator.com/item?id=48792731

Points: 4

# Comments: 0

Most recently, we added support for comparing funds with leading/trailing/rolling charts and benchmarking (create custom dashboards tracking nav and value chart of subsets of your portfolio) and US stocks, etfs etc. And family dashboard (e.g. you can see networth, cashflows, income, use sheets at family level and more). See https://finbodhi.com/changelog for details.

We also write about related topics:

E.g. Benchmarking your returns: https://finbodhi.com/docs/blog/benchmark-scenarios Or, understanding double entry account: https://finbodhi.com/docs/understanding-double-entry

We also write about like:

How fund performance explain part of returns, rest is explained by timing. And ways to tease those out: https://finbodhi.com/docs/blog/benchmark-scenarios

Or, understanding double entry account: https://finbodhi.com/docs/understanding-double-entry

Supports multiple-accounts (track as a family or even as an advisor), multi-currency, a custom sheet/calculator to operate on your accounts (calculate taxes etc) and much more. Most recently, we added support for benchmarking (create custom dashboards tracking nav and value chart of subsets of your portfolio) and US stocks, etfs etc.

We also write about like:

How fund performance explain part of returns, rest is explained by timing. And ways to tease those out: https://finbodhi.com/docs/blog/benchmark-scenarios

Or, understanding double entry account: https://finbodhi.com/docs/understanding-double-entry

https://ciju.in/writings/understanding-timezones

Comments URL: https://news.ycombinator.com/item?id=47133471

Points: 2

# Comments: 1

Comments URL: https://news.ycombinator.com/item?id=46946902

Points: 5

# Comments: 0

Most recently, we added support for benchmarking (create custom dashboards tracking nav and value chart of subsets of your portfolio) and us stocks, etfs etc.

I wrote about benchmarking here: https://finbodhi.com/docs/blog/benchmark-scenarios

NOTE: you can try demo without signup, but it doesn't work in Firefox Incognito mode.

Comments URL: https://news.ycombinator.com/item?id=46720898

Points: 1

# Comments: 0

Most recently, we added support for benchmarking and us stocks, etfs etc.

Benchmarking is an interesting topic. I am not sure why but most personal finance tools are quite bad at this. Our benchmarking tool allows you to understand how your underlying portfolio is doing, vs how your timing decisions are fairing. Portfolio comparison is done with NAV chart (nav calculation is same as what mutual funds use). And value chart in comparison with nav chart, helps you understand if your timing decisions are helping.

NOTE: you can try demo without signup, but it doesn't work in Firefox Incognito mode.

I am looking for short term consulting work only.

I am building https://finbodhi.com, a local-first pwa, double-entry accounting based personal finance app. As consultant, I have setup infrastructure (prod/staging) for an AI startup, using terraform, and helping with concurrency issues in python code, etc. For another client, I had replaced there gcp infra located in US, to Mumbai, while also migrating the infra to terraform, with a few min downtime. I often work with TypeScript. And some occasional Elixir. Also interested in visualizations (e.g https://ciju.in/writings/population-census-2011-a-visualizat..., https://ciju.in/writings/understanding-financial-functions-e...). I was working as Engineering Manager till few years back. Before that I was running a consulting company (https://activesphere.com/). Comfortable picking up technologies. Would love to be involved in exploration projects, visualizations or complex domains where essence of the problem needs to be understood to build software around it. Or else would prefer projects with active users.

Few things I have written about:

https://ciju.in/writings/2021-09-on-time-clock-and-ordering-... https://ciju.in/writings/understanding-timezones https://ciju.in/writings/understanding-financial-functions-e... https://ciju.in/writings/population-census-2011-a-visualizat...

More at: https://ciju.in/writings

It's just a convention to be able to capture the flow of money. Roughly, money comes in via Income, stays in Asset, goes to Expense (there is also Liability and Equity). Let's consider a home, as an asset. You could have got it with your own money (`Asset:Bank -> Asset:House`), or by taking a loan (`Liability:Home Loan -> Asset:House`). Both have very different implications. If you are just tracking current value of home, it won't capture the whole picture. E.g. if you want to sell the house, the price is going to be different in both cases.

Double entry is just a way to track the flow of money from these different categories of account. Once you have that, you can do a lot over it, generate all kinds of report that companies can use to understand their operations (and to share with investors).

There are even attempts to go beyond with triple-entry account, etc. I think the way to look at it is, companies need a way to understand and report the flow of money, the current state etc. Double entry helps with that. And they way it helps, it to keep track of both where money came from and where it went.

Soon, we will have benchmarking capability. You would be able to compare your networth growth with inflation, compare your investment returns with benchmark etc. We would support both nav and value based benchmark. The topic is interesting in itself, and somehow, not emphasized/available in most tools.

Asset price fetching and benchmarking works best for Indian markets. We would like to build better support for international assets and benchmarks, but haven't figured how to get the data.

NOTE: you can try demo without signup, but it doesn't work in Firefox Incognito mode.