Files
wanderbooks/crates/ledger-core/tests/statements.rs
T
swaitsandClaude Opus 5.5 c6faeeb827 feat: period-scoped P&L and as-of balance sheet; closes don't zero periods
The engine only had life-of-ledger P&L and balance sheet totals, so every
export labeled with a date range or as-of date (PDF, XLSX, CPA package)
printed all-time numbers under that label. Core now has:

- profit_and_loss_for_period(start, end, class?) and
  balance_sheet_as_of(as_of), each with a line per account
  (StatementLine: code, name, normal-side amount) and exact totals.
- Ledger::closing_entry_ids(). Period statements exclude closing entries.
  A close (Dr revenue / Cr expense / net to Retained Earnings, dated at
  period end) moves earnings; it doesn't earn or spend. Counting it made a
  closed period's P&L read as break-even, and made the cash flow show zero
  net income plus a fake "owner contribution" to Retained Earnings. The
  as-of balance sheet keeps closing entries: after a close the earnings
  belong in Retained Earnings, not current earnings.

Tests: tests/statements.rs, a two-month fixture with every expected number
computed by hand (Jan NI 1,700; Feb 880; balance sheets on four dates; a
closed January still reporting 1,700 and a cash flow with one financing
line). Mutation-checked: dropping the closing exclusion fails it (0 vs
1,700). Properties: period P&Ls partition a year at any split, and a
range's net income equals the change in current earnings across it, with
A = L + E on both dates.

Co-Authored-By: Claude Opus 5.5 <noreply@anthropic.com>
Claude-Session: https://claude.ai/code/session_01MtYEaR6M6Ybdhm6X98BWNu
2026-10-11 19:04:18 -07:00

224 lines
8.6 KiB
Rust
Raw Blame History

This file contains ambiguous Unicode characters
This file contains Unicode characters that might be confused with other characters. If you think that this is intentional, you can safely ignore this warning. Use the Escape button to reveal them.
//! Period-scoped financial statements: profit and loss for a date range and
//! the balance sheet as of a date, line per account.
//!
//! Every expected number below is computed by hand from the entries, not
//! read off the engine. The fixture is two months of a small company:
//!
//! | date | entry | Dr | Cr |
//! |--------|-------------------------------|---------------|---------------|
//! | Jan 2 | owner contributes 10,000 | 1000 Cash | 3000 Capital |
//! | Jan 15 | client pays 2,500 | 1000 Cash | 4000 Revenue |
//! | Jan 20 | rent 800 | 6100 Rent | 1000 Cash |
//! | Feb 3 | software 120 on the card | 6000 Software | 2000 Card |
//! | Feb 10 | client pays 1,000 | 1000 Cash | 4000 Revenue |
//! | Feb 25 | pay the card 120 | 2000 Card | 1000 Cash |
use chrono::NaiveDate;
use ledger_core::reports::{
balance_sheet, balance_sheet_as_of, profit_and_loss, profit_and_loss_for_period,
};
use ledger_core::{
AccountId, AccountType, CashFlowParams, ClassId, Currency, Ledger, Money, Side, StatementLine,
cash_flow,
};
use rust_decimal::Decimal;
fn d(m: u32, day: u32) -> NaiveDate {
NaiveDate::from_ymd_opt(2026, m, day).unwrap()
}
fn usd(n: i64) -> Money {
Money::new(Decimal::from(n), Currency::USD)
}
fn dec(n: i64) -> Decimal {
Decimal::from(n)
}
struct Books {
ledger: Ledger,
cash: AccountId,
software_class: ClassId,
}
fn post(ledger: &mut Ledger, date: NaiveDate, desc: &str, dr: AccountId, cr: AccountId, n: i64) {
let e = ledger.create_entry(date, desc);
ledger.add_line(e, dr, Side::Debit, usd(n)).unwrap();
ledger.add_line(e, cr, Side::Credit, usd(n)).unwrap();
ledger.post_entry(e).unwrap();
}
/// The fixture. With `close_january`, January is closed before any February
/// entry exists (the close sweeps every revenue and expense balance).
fn books(close_january: bool) -> Books {
let mut l = Ledger::new(Currency::USD);
let cash = l
.add_account("1000", "Cash", AccountType::Asset, None, false)
.unwrap();
let card = l
.add_account("2000", "Card", AccountType::Liability, None, false)
.unwrap();
let capital = l
.add_account("3000", "Capital", AccountType::Equity, None, false)
.unwrap();
let revenue = l
.add_account("4000", "Revenue", AccountType::Revenue, None, false)
.unwrap();
let software = l
.add_account("6000", "Software", AccountType::Expense, None, false)
.unwrap();
let rent = l
.add_account("6100", "Rent", AccountType::Expense, None, false)
.unwrap();
let software_class = l.add_class("Apps").unwrap();
post(&mut l, d(1, 2), "Owner contribution", cash, capital, 10_000);
post(&mut l, d(1, 15), "Client payment", cash, revenue, 2_500);
post(&mut l, d(1, 20), "Rent", rent, cash, 800);
if close_january {
let jan = l.create_period("2026-01", d(1, 1), d(1, 31)).unwrap();
l.close_period(jan).unwrap();
}
// Software on the card, tagged to the Apps class.
let e = l.create_entry(d(2, 3), "Software");
l.add_line(e, software, Side::Debit, usd(120)).unwrap();
l.add_line(e, card, Side::Credit, usd(120)).unwrap();
l.set_line_class(e, 0, Some(software_class)).unwrap();
l.post_entry(e).unwrap();
post(&mut l, d(2, 10), "Client payment", cash, revenue, 1_000);
post(&mut l, d(2, 25), "Pay card", card, cash, 120);
Books {
ledger: l,
cash,
software_class,
}
}
fn line(code: &str, name: &str, n: i64) -> StatementLine {
StatementLine {
code: code.to_string(),
name: name.to_string(),
amount: dec(n),
}
}
#[test]
fn profit_and_loss_is_scoped_to_the_period() {
let b = books(false);
let jan = profit_and_loss_for_period(&b.ledger, d(1, 1), d(1, 31), None).unwrap();
assert_eq!(jan.revenue, vec![line("4000", "Revenue", 2_500)]);
assert_eq!(jan.expenses, vec![line("6100", "Rent", 800)]);
assert_eq!(jan.net_income(), dec(1_700));
let feb = profit_and_loss_for_period(&b.ledger, d(2, 1), d(2, 28), None).unwrap();
assert_eq!(feb.revenue, vec![line("4000", "Revenue", 1_000)]);
assert_eq!(feb.expenses, vec![line("6000", "Software", 120)]);
assert_eq!(feb.net_income(), dec(880));
// Both months: 3,500 revenue, 920 expenses, lines sorted by code.
let both = profit_and_loss_for_period(&b.ledger, d(1, 1), d(2, 28), None).unwrap();
assert_eq!(
both.expenses,
vec![line("6000", "Software", 120), line("6100", "Rent", 800)]
);
assert_eq!(
(both.total_revenue, both.total_expenses),
(dec(3_500), dec(920))
);
// ... which is the life-of-ledger P&L, because nothing is outside it.
let all = profit_and_loss(&b.ledger).unwrap();
assert_eq!((all.revenue, all.expenses), (dec(3_500), dec(920)));
// One class: only the tagged software line.
let apps =
profit_and_loss_for_period(&b.ledger, d(1, 1), d(12, 31), Some(b.software_class)).unwrap();
assert!(apps.revenue.is_empty());
assert_eq!(apps.expenses, vec![line("6000", "Software", 120)]);
// A backwards range is rejected, not silently empty.
assert!(profit_and_loss_for_period(&b.ledger, d(2, 1), d(1, 1), None).is_err());
}
#[test]
fn balance_sheet_is_as_of_the_date() {
let b = books(false);
// Before anything happened: empty and balanced.
let start = balance_sheet_as_of(&b.ledger, d(1, 1)).unwrap();
assert!(start.assets.is_empty() && start.equity.is_empty());
assert!(start.balanced());
// Jan 31: cash 10,000 + 2,500 − 800 = 11,700; equity 10,000 + 1,700.
let jan = balance_sheet_as_of(&b.ledger, d(1, 31)).unwrap();
assert_eq!(jan.assets, vec![line("1000", "Cash", 11_700)]);
assert!(jan.liabilities.is_empty());
assert_eq!(jan.equity, vec![line("3000", "Capital", 10_000)]);
assert_eq!(jan.current_earnings, dec(1_700));
assert_eq!(jan.total_equity, dec(11_700));
assert!(jan.balanced());
// Feb 15: cash 12,700; the card owes 120; earnings 1,700 + 880.
let mid = balance_sheet_as_of(&b.ledger, d(2, 15)).unwrap();
assert_eq!(mid.total_assets, dec(12_700));
assert_eq!(mid.liabilities, vec![line("2000", "Card", 120)]);
assert_eq!(mid.current_earnings, dec(2_580));
assert_eq!(mid.total_liabilities + mid.total_equity, dec(12_700));
// Feb 28: card paid off, so it drops off the statement.
let end = balance_sheet_as_of(&b.ledger, d(2, 28)).unwrap();
assert_eq!(end.total_assets, dec(12_580));
assert!(end.liabilities.is_empty());
assert!(end.balanced());
// ... and agrees with the life-of-ledger balance sheet.
let all = balance_sheet(&b.ledger).unwrap();
assert_eq!(
(all.assets, all.liabilities, all.equity),
(end.total_assets, end.total_liabilities, end.total_equity)
);
}
#[test]
fn a_closed_period_still_reports_its_earnings() {
let b = books(true);
// The close posted Dr 4000 2,500 / Cr 6100 800 / Cr 3999 1,700 on Jan
// 31. The January P&L must not count it: January earned 1,700.
let jan = profit_and_loss_for_period(&b.ledger, d(1, 1), d(1, 31), None).unwrap();
assert_eq!(jan.net_income(), dec(1_700));
assert_eq!(jan.revenue, vec![line("4000", "Revenue", 2_500)]);
let feb = profit_and_loss_for_period(&b.ledger, d(2, 1), d(2, 28), None).unwrap();
assert_eq!(feb.net_income(), dec(880));
// After the close, January's earnings sit in retained earnings, not in
// current earnings; February's are current.
let jan_bs = balance_sheet_as_of(&b.ledger, d(1, 31)).unwrap();
assert_eq!(
jan_bs.equity,
vec![
line("3000", "Capital", 10_000),
line("3999", "Retained Earnings", 1_700)
]
);
assert_eq!(jan_bs.current_earnings, Decimal::ZERO);
assert!(jan_bs.balanced());
let feb_bs = balance_sheet_as_of(&b.ledger, d(2, 28)).unwrap();
assert_eq!(feb_bs.current_earnings, dec(880));
assert_eq!(feb_bs.total_equity, dec(12_580));
assert!(feb_bs.balanced());
// The cash flow for January: net income 1,700, and the only financing
// flow is the owner's 10,000. The close is not an owner contribution.
let cf = cash_flow(
&b.ledger,
&CashFlowParams {
start: d(1, 1),
end: d(1, 31),
cash_accounts: vec![b.cash],
financing_accounts: vec![],
},
)
.unwrap();
assert_eq!(cf.net_income, dec(1_700));
assert_eq!(cf.financing.len(), 1);
assert_eq!(cf.cash_from_financing, dec(10_000));
assert_eq!(cf.net_change_in_cash, dec(11_700));
}