We wish all the accountants a Happy International Accountant’s Day! 

There are four accounting consultants working in SimplBooks, who support our clients on a daily basis. Silva Saaliste and Julia Männik have been working in the SimplBooks Estonian team for many years. Milla Mäklin joined our Finnish team in 2021 and Maija Rämö 2022. We are very grateful for them for their good work and dedication! In addition to customer support, we also have user manuals and webinars that teach you how to use the SimplBooks accounting software, but on weekdays from 9 a.m. to 4 p.m in Estonia and in Finland from 9 a.m to 3 p.m, our consultants are ready to answer any questions you may have about our software.

Why November 10th?

The roots of accounting go back thousands of years. It has been an integral part of the economic development of societies. Even the ancient Romans paid attention to accounting. During the Middle Ages and the Renaissance, the development of accounting took on new features when business became more complicated. Merchants simply needed more accurate accounting.

On 10 November 1494, Luca Pacioli, the father of accounting, published a book entitled ‘All about arithmetic, geometry and proportion’ (‘Summa de Arithmetica, Geometria, Proportioni et Proportionalita’), which described in detail Venice’s accounts.

This book became the first print work on the double-entry method, which described most of the accounting cycle in a modern understanding of the process. Income, expenses, capital, assets and liabilities were recorded in the general ledger at that time.

International Accountant’s Day is not only a celebration for accountants and the profession. It is also an opportunity to reflect on the importance of accounting in history and in the future. This day reminds us of the essential role accountants have played in the economic development of societies, and at the same time encourages us to look forward to new challenges and opportunities in modern business life.