1494
In 1494, the Italian mathematician Luca Pacioli wrote a treatise outlining the principle of double-entry bookkeeping (DEB), which became the foundation of modern accounting. For 530 years, this system has been used by all of humanity. Thanks to this, the development of trade, construction, and industry became possible.
However, there is a problem: to this day, double-entry bookkeeping is used in a very primitive manner. It's like how metal was once used to make hammers, axes, and piles. Creating high-precision mechanics from it was very expensive, especially manually. But while metal processing has now been automated and the production cost of items like Rolex watches has dropped thousands of times, accounting is still essentially done manually. Some aspects are automated, but not the main ones.
For example, in Switzerland today, the cost of a single bookkeeping entry is 2-3 francs. In other countries, it is about 1‰ (one per mille) of the minimum monthly wage in that country. However, it is now possible to reduce this cost to 1 cent. This allows us to finally start doing real accounting.
Currently, both sales and expenses are registered with a single DEB, when it is necessary to make about half a dozen or more. Doing this manually is unthinkable. The problem also lies in the fact that these single-step DEBs are legally mandated. Single-step DEBs lead to enormous distortions in accounting and, as a result, the global statistics built upon it.
Ultimately, current accounting is of little interest to anyone except tax authorities and those who interact with them.
Just as the knowledge of DEB once came to Luca Pacioli, we have now gained the knowledge of how to finally use it correctly and how to conduct real accounting. This will be of interest not only to tax authorities but, primarily, to businesses and literally all individuals. Everyone wants to know the current state of all their assets and liabilities, regardless of whether they are rich or poor. Today, most people manage their assets (money, real-estate, books, equipment, etc.) blindly. Real accounting will open the eyes of everyone.
We are looking for business angels who would like to participate in transitioning all of humanity to Real Accounting. A return of 1:1'0 or even 1:000 is guaranteed.
We already have our own accounting software, a powerful team, and the knowledge of what and how to organize. We only lack brave investors who would like to help all of humanity. The help in terms of scale and significance will be much greater than that from Apple, Google, and others.
However, there is a problem: to this day, double-entry bookkeeping is used in a very primitive manner. It's like how metal was once used to make hammers, axes, and piles. Creating high-precision mechanics from it was very expensive, especially manually. But while metal processing has now been automated and the production cost of items like Rolex watches has dropped thousands of times, accounting is still essentially done manually. Some aspects are automated, but not the main ones.
For example, in Switzerland today, the cost of a single bookkeeping entry is 2-3 francs. In other countries, it is about 1‰ (one per mille) of the minimum monthly wage in that country. However, it is now possible to reduce this cost to 1 cent. This allows us to finally start doing real accounting.
Currently, both sales and expenses are registered with a single DEB, when it is necessary to make about half a dozen or more. Doing this manually is unthinkable. The problem also lies in the fact that these single-step DEBs are legally mandated. Single-step DEBs lead to enormous distortions in accounting and, as a result, the global statistics built upon it.
Ultimately, current accounting is of little interest to anyone except tax authorities and those who interact with them.
Just as the knowledge of DEB once came to Luca Pacioli, we have now gained the knowledge of how to finally use it correctly and how to conduct real accounting. This will be of interest not only to tax authorities but, primarily, to businesses and literally all individuals. Everyone wants to know the current state of all their assets and liabilities, regardless of whether they are rich or poor. Today, most people manage their assets (money, real-estate, books, equipment, etc.) blindly. Real accounting will open the eyes of everyone.
We are looking for business angels who would like to participate in transitioning all of humanity to Real Accounting. A return of 1:1'0 or even 1:000 is guaranteed.
We already have our own accounting software, a powerful team, and the knowledge of what and how to organize. We only lack brave investors who would like to help all of humanity. The help in terms of scale and significance will be much greater than that from Apple, Google, and others.
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