What do Quickbooks, Xero, Wave and all other off-the-shelf accounting software packages have in common with coded-from-scratch, all-the-bells-and-whistles, fully-customized accounting applications? They are all based on the system of Double Entry Bookkeeping developed in Venice during the Renaissance. First written of by Franciscan Friar Luca Pacioli it has been in use since the fifteenth century […]
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