Now it makes sense!
Imagine a long list of items, money in, money out; you have no idea what you really have, and the boss is not happy. Sound familiar? Especially if you are the boss? Which’s why business owners needs a service to keep their accounts in good order.
Back in the day (1500s), the King’s treasury was in such a mess. In Italy, Netherlands and England, a new system emerged: double-entry bookkeeping (essentially, having two lists). If you like, taxes in on one list, mirrored with a second entry on, say, war-chest; money out, Kings navy on one list, with the war-chest going down. So, in London in 1543 Hugh Oldcastle printed
“A Profitable Treatyce called the Instrument or Boke to learn to know the good order of the keepying of the famouse reconynge called in Latyn, Dare and Habdare, and in English, Debitor and Creditor.”
Since then English has changed a bit, but the principles are the same. There needs to be a book (‘boke’) where the reckoning (reconynge) of money is listed as debits and credits (the two lists)
reconynge is about keeping in good order accounts, based on the fundamentals of traditional customer service, alongside modern technology. Just as Hugh brought about change using new systems and processes, we ensure business owners achieve their business and personal goals by having a clear and up to date view of their accounts.
Imagine a long list of items, money in, money out; you have no idea what you really have, and the boss is not happy. Sound familiar? Especially if you are the boss?
Back in the day (1500s), the King’s treasury was in such a mess. In Italy, Netherlands and England, a new system emerged: double-entry bookkeeping (essentially, having two lists). If you like, taxes in on one list, mirrored with a second entry on, say, war-chest; money out, Kings navy on one list, with the war-chest going down. So, in London in 1543 Hugh Oldcastle printed
“A Profitable Treatyce called the Instrument or Boke to learn to know the good order of the keepying of the famouse reconynge called in Latyn, Dare and Habdare, and in English, Debitor and Creditor.”
Since then English has changed a bit, but the principles are the same. There needs to be a book (‘boke’) where the reckoning (reconynge) of money is listed as debits and credits (the two lists)
reconynge is about keeping in good order accounts, based on the fundamentals of traditional customer service, alongside modern technology. Just as Hugh brought about change using new systems and processes, we ensure business owners achieve their business and personal goals by having a clear and up to date view of their accounts.
