Just started to use beancount. I use pad with Equity:Opening-Balances to set up my initial balances and only record historical investment postings for future PnL analysis.
Now there’s a huge number on the Equity account. Although I feel a little uncomfortable about this and have a temptation to import all the history to eliminate such “ugliness”, my rationale tells me that this could be a waste of time since I personally do not have the need to track the history in detail and I’ve added what I need (investment history). Importing all the history just makes everything “prettier”, but that’s it.
I believe everyone could come across this problem when starting out. So what are your thoughts about this? Is it fine to just leave it as is and concentrate on postings from now on?
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This is a companion discussion topic for the original entry at https://www.reddit.com/r/plaintextaccounting/comments/1ap4ns4/necessity_of_importing_history/