diff --git a/accounting/__init__.py b/accounting/__init__.py
index ad8bf421630fb5280811858e396b6c9360265a44..537ce83640031334941d0ae19577592820a4752a 100644
--- a/accounting/__init__.py
+++ b/accounting/__init__.py
@@ -40,7 +40,6 @@ class Ledger:
                     _log.info('Waiting for one second... %d/%d', i, timeout)
                     time.sleep(1)
 
-
         process = self.get_process()
 
         self.locked = True
@@ -111,25 +110,45 @@ class Ledger:
             return output
 
     def bal(self):
-        output = self.send_command('bal --format "%A|%t\\\\n"')
+        output = self.send_command('xml')
 
         if output is None:
             raise RuntimeError('bal call returned no output')
 
         accounts = []
 
-        for line in output.split(b'\n'):
-            try:
-                name, balance =  line.decode('utf8').split('|')
-            except ValueError:
-                continue
+        xml = ElementTree.fromstring(output.decode('utf8'))
 
-            accounts.append(Account(name=name, balance=balance))
+        accounts = self._recurse_accounts(xml.find('./accounts'))
+
+        return accounts
+
+    def _recurse_accounts(self, root):
+        accounts = []
+
+        for account in root.findall('./account'):
+            name = account.find('./fullname').text
+
+            amounts = []
+
+            account_amounts = account.findall('./account-total/balance/amount') or \
+                    account.findall('./account-amount/amount')
+
+            if account_amounts:
+                for amount in account_amounts:
+                    quantity = amount.find('./quantity').text
+                    symbol = amount.find('./commodity/symbol').text
+
+                    amounts.append(Amount(amount=quantity, symbol=symbol))
+
+            accounts.append(Account(name=name,
+                                    amounts=amounts,
+                                    accounts=self._recurse_accounts(account)))
 
         return accounts
 
     def reg(self):
-        output = self.send_command( 'xml')
+        output = self.send_command('xml')
 
         if output is None:
             raise RuntimeError('reg call returned no output')
@@ -152,7 +171,8 @@ class Ledger:
                     './post-amount/amount/commodity/symbol').text
 
                 postings.append(
-                    Posting(account=account, amount=amount, symbol=symbol))
+                    Posting(account=account,
+                            amount=Amount(amount=amount, symbol=symbol)))
 
             entries.append(
                 Transaction(date=date, payee=payee, postings=postings))
@@ -170,33 +190,44 @@ class Transaction:
         return ('<{self.__class__.__name__} {date}' +
                 ' {self.payee} {self.postings}').format(
                     self=self,
-                    date=self.date.isoformat())
+                    date=self.date.strftime('%Y-%m-%d'))
+
 
 class Posting:
-    def __init__(self, account=None, amount=None, symbol=None):
+    def __init__(self, account=None, amount=None):
         self.account = account
         self.amount = amount
-        self.symbol = symbol
 
     def __repr__(self):
         return ('<{self.__class__.__name__} "{self.account}"' +
-                ' {self.symbol} {self.amount}>').format(self=self)
+                ' {self.amount}>').format(self=self)
+
+
+class Amount:
+    def __init__(self, amount=None, symbol=None):
+        self.amount = amount
+        self.symbol = symbol
+
+    def __repr__(self):
+        return ('<{self.__class__.__name__} {self.symbol}' +
+                ' {self.amount}>').format(self=self)
 
 
 class Account:
-    def __init__(self, name=None, balance=None):
+    def __init__(self, name=None, amounts=None, accounts=None):
         self.name = name
-        self.balance = balance
+        self.amounts = amounts
+        self.accounts = accounts
 
     def __repr__(self):
-        return '<{self.__class__.__name__}: "{self.name}" {self.balance} >'.format(
-            self=self)
+        return ('<{self.__class__.__name__} "{self.name}" {self.amounts}' +
+                ' {self.accounts}>').format(self=self)
 
 
 def main(argv=None):
     if argv is None:
         argv = sys.argv
-    logging.basicConfig(level=logging.DEBUG)
+    logging.basicConfig(level=logging.INFO)
     ledger = Ledger(ledger_file='non-profit-test-data.ledger')
     print(ledger.bal())
     print(ledger.reg())
diff --git a/accounting/web.py b/accounting/web.py
index 4b155423823721dcdc18fa9d460e93d5f3606d2f..c3e1d8f58d9f5f700868e51b8135e0ecc82136f2 100644
--- a/accounting/web.py
+++ b/accounting/web.py
@@ -2,7 +2,7 @@ import logging
 
 from flask import Flask, g, jsonify, json
 
-from accounting import Ledger, Account, Posting, Transaction
+from accounting import Ledger, Account, Posting, Transaction, Amount
 
 
 logging.basicConfig(level=logging.DEBUG)
@@ -11,12 +11,14 @@ app.config.from_pyfile('config.py')
 
 ledger = Ledger(ledger_file=app.config['LEDGER_FILE'])
 
+
 class AccountingEncoder(json.JSONEncoder):
     def default(self, o):
         if isinstance(o, Account):
             return dict(
                 name=o.name,
-                balance=o.balance
+                amounts=o.amounts,
+                accounts=o.accounts
             )
         elif isinstance(o, Transaction):
             return dict(
@@ -28,23 +30,31 @@ class AccountingEncoder(json.JSONEncoder):
             return dict(
                 account=o.account,
                 amount=o.amount,
+            )
+        elif isinstance(o, Amount):
+            return dict(
+                amount=o.amount,
                 symbol=o.symbol
             )
 
         return json.JSONEncoder.default(self, o)
 
+
 app.json_encoder = AccountingEncoder
 
+
 @app.route('/')
 def index():
     return 'Hello World!'
 
+
 @app.route('/balance')
 def balance_report():
     report_data = ledger.bal()
 
     return jsonify(balance_report=report_data)
 
+
 @app.route('/register')
 def register_report():
     report_data = ledger.reg()