diff --git a/ledger/transaction.go b/ledger/transaction.go
index da6bca3..35aefbc 100644
--- a/ledger/transaction.go
+++ b/ledger/transaction.go
@@ -46,6 +46,9 @@ func (files Files) transactions() ([]transaction, error) {
 
 func (files Files) _transactions(file string) ([]transaction, error) {
 	f, err := os.Open(string(file))
+	if os.IsNotExist(err) {
+		return nil, nil
+	}
 	if err != nil {
 		return nil, err
 	}