Nigel  Uys

Nigel Uys


10 Favorite Golang Accounting and Finance Library

In today's post we will learn about 10 favorite Golang accounting and finance Library. 

What’s Accounting & Finance?

Accounting & Finance involves looking at money, business and management. Accounting relates to information analysis for different aspects of a company, while finance solely concerns an organisations’ monetary funds.

Table of contents:

  • Accounting - money and currency formatting for golang.
  • Ach - A reader, writer, and validator for Automated Clearing House (ACH) files.
  • BBgo - A crypto trading bot framework written in Go. Including common crypto exchange API, standard indicators, back-testing and many built-in strategies.
  • Currency - Handles currency amounts, provides currency information and formatting.
  • Currency - High performant & accurate currency computation package.
  • Decimal - Arbitrary-precision fixed-point decimal numbers.
  • Fastme - Fast extensible matching engine Go implementation.
  • Fpdecimal - Fast and precise serialization and arithmetic for small fixed-point decimals
  • Fpmoney - Fast and simple ISO4217 fixed-point decimal money.
  • Go-finance - Module to fetch exchange rates, check VAT numbers via VIES and check IBAN bank account numbers.

1 - Accounting: money and currency formatting for golang.

accounting is a library for money and currency formatting. (inspired by accounting.js)

Quick Start

go get


package main

import (


func main() {
    ac := accounting.Accounting{Symbol: "$", Precision: 2}
    fmt.Println(ac.FormatMoney(123456789.213123))                       // "$123,456,789.21"
    fmt.Println(ac.FormatMoney(12345678))                               // "$12,345,678.00"
    fmt.Println(ac.FormatMoney(big.NewRat(77777777, 3)))                // "$25,925,925.67"
    fmt.Println(ac.FormatMoney(big.NewRat(-77777777, 3)))               // "-$25,925,925.67"
    fmt.Println(ac.FormatMoneyBigFloat(big.NewFloat(123456789.213123))) // "$123,456,789.21"
    fmt.Println(ac.FormatMoneyDecimal(decimal.New(123456789.213123, 0))) // "$123,456,789.21"

    ac = accounting.Accounting{Symbol: "€", Precision: 2, Thousand: ".", Decimal: ","}
    fmt.Println(ac.FormatMoney(4999.99))  // "€4.999,99"

    // Or retrieve currency info from Locale struct
    lc := LocaleInfo["USD"]
    ac = accounting.Accounting{Symbol: lc.ComSymbol, Precision: 2, Thousand: lc.ThouSep, Decimal: lc.DecSep}
    fmt.Println(ac.FormatMoney(500000)) // "$500,000.00"

    ac = accounting.Accounting{Symbol: "£ ", Precision: 0}
    fmt.Println(ac.FormatMoney(500000)) // "£ 500,000"

    ac = accounting.Accounting{Symbol: "GBP", Precision: 0,
        Format: "%s %v", FormatNegative: "%s (%v)", FormatZero: "%s --"}
    fmt.Println(ac.FormatMoney(1000000)) // "GBP 1,000,000"
    fmt.Println(ac.FormatMoney(-5000))   // "GBP (5,000)"
    fmt.Println(ac.FormatMoney(0))       // "GBP --"

    ac = accounting.DefaultAccounting("GBP", 2)
    fmt.Println(ac.FormatMoney(1000000)) // "GBP 1,000,000"
    fmt.Println(ac.FormatMoney(-5000))   // "GBP (5,000)"
    fmt.Println(ac.FormatMoney(0))       // "GBP --"

    ac = accounting.NewAccounting("GBP", 2, ",", ".", "%s %v", "%s (%v)", "%s --")
    fmt.Println(ac.FormatMoney(1000000)) // "GBP 1,000,000"
    fmt.Println(ac.FormatMoney(-5000))   // "GBP (5,000)"
    fmt.Println(ac.FormatMoney(0))       // "GBP --"

View on Github

2 - Ach: A reader, writer, and validator for Automated Clearing House (ACH) files.

Moov's mission is to give developers an easy way to create and integrate bank processing into their own software products. Our open source projects are each focused on solving a single responsibility in financial services and designed around performance, scalability, and ease of use.

ACH implements a reader, writer, and validator for Automated Clearing House (ACH) files. ACH is the primary method of electronic money movement throughout the United States. The HTTP server is available in a Docker image and the Go package is available.

If you're looking for an event driven ACH engine for uploading/downloading files and operations we have built moov-io/achgateway and run it in production. Our article How and When to use the Moov ACH Library will help to generate ACH files for upload to your ODFI.

Project status

Moov ACH is actively used in multiple production environments. Please star the project if you are interested in its progress. The project supports generating and parsing all Standard Entry Class (SEC) codes. If you have layers above ACH to simplify tasks, perform business operations, or found bugs we would appreciate an issue or pull request. Thanks!


The ACH project implements an HTTP server and Go library for creating and modifying ACH files. There are client libraries available for both Go and Node/JavaScript. We also have an extensive list of examples of the reader and writer applied to various ACH transaction types.


We publish a public Docker image moov/ach from Docker Hub or use this repository. No configuration is required to serve on :8080 and metrics at :9090/metrics in Prometheus format. We also have Docker images for OpenShift published as

Pull & start the Docker image:

docker pull moov/ach:latest
docker run -p 8080:8080 -p 9090:9090 moov/ach:latest

List files stored in-memory:

curl localhost:8080/files

Create a file on the HTTP server:

curl -X POST --data-binary "@./test/testdata/ppd-debit.ach" http://localhost:8080/files/create

Read the ACH file (in JSON form):

curl http://localhost:8080/files/<YOUR-UNIQUE-FILE-ID>
{"file":{"id":"<YOUR-UNIQUE-FILE-ID>","fileHeader":{"id":"","immediateDestination":"231380104","immediateOrigin":"121042882", ...

View on Github

3 - BBgo: A crypto trading bot framework written in Go. Including common crypto exchange API, standard indicators, back-testing and many built-in strategies.

A crypto trading bot framework written in Go. The name bbgo comes from the BB8 bot in the Star Wars movie.


Install from binary

The following script will help you set up a config file and a dotenv file:

# grid trading strategy for binance exchange
bash <(curl -s binance

# grid trading strategy for max exchange
bash <(curl -s max

# bollinger grid trading strategy for binance exchange
bash <(curl -s binance

# bollinger grid trading strategy for max exchange
bash <(curl -s max

If you already have configuration somewhere, a download-only script might be suitable for you:

bash <(curl -s

Or refer to the Release Page and download manually.

Since v2, we've added new float point implementation from dnum to support decimals with higher precision. To download & setup, please refer to Dnum Installation

One-click Linode StackScript

StackScript allows you to one-click deploy a lightweight instance with bbgo.

Build from source

See Build from source


Add your dotenv file:

# for Binance Exchange, if you have one

# if you want to use, change this to 1

# for MAX exchange, if you have one

# for FTX exchange, if you have one
# specify it if credentials are for subaccount

# for OKEx exchange, if you have one

# for kucoin exchange, if you have one

Prepare your dotenv file .env.local and BBGO yaml config file bbgo.yaml.

To check the available environment variables, please see Environment Variables

The minimal bbgo.yaml could be generated by:

curl -o bbgo.yaml

To run strategy:

bbgo run

To start bbgo with the frontend dashboard:

bbgo run --enable-webserver

If you want to switch to other dotenv file, you can add an --dotenv option or --config:

bbgo sync --dotenv --config config/grid.yaml --session binance

To query transfer history:

bbgo transfer-history --session max --asset USDT --since "2019-01-01"

View on Github

4 - Currency: Handles currency amounts, provides currency information and formatting.


  1. All currency codes, their numeric codes and fraction digits.
  2. Currency symbols and formats for all locales.
  3. Amount struct, with value semantics (Fowler's Money pattern)
  4. Formatter, for formatting amounts and parsing formatted amounts.
    amount, _ := currency.NewAmount("275.98", "EUR")
    total, _ := amount.Mul("4")

    locale := currency.NewLocale("fr")
    formatter := currency.NewFormatter(locale)
    fmt.Println(formatter.Format(total)) // 1 103,92 €

    // Convert the amount to Iranian rial and show it in Farsi.
    total, _ = total.Convert("IRR", "45.538")
    total = total.Round()
    locale = currency.NewLocale("fa")
    formatter = currency.NewFormatter(locale)
    fmt.Println(formatter.Format(total)) // ‎ریال ۵۰٬۲۷۰

Design goals

Real decimal implementation under the hood.

Currency amounts can't be floats. Storing integer minor units (2.99 => 299) becomes problematic once there are multiple currencies (difficult to sort in the DB), or there is a need for sub-minor-unit precision (due to merchant or tax requirements, etc). A real arbitrary-precision decimal type is required. Since Go doesn't have one natively, a userspace implementation is used, provided by the cockroachdb/apd package. The Amount struct provides an easy to use abstraction on top of it, allowing the underlying implementation to be replaced in the future without a backwards compatibility break.

Smart filtering of CLDR data.

The "modern" subset of CLDR locales is used, reducing the list from ~560 to ~370 locales.

Once gathered, locales are filtered to remove all data not used by this package, and then deduplicated by parent (e.g. don't keep fr-CH if fr has the same data).

Currency symbols are grouped together to avoid repetition. For example:

"ARS": {
    {"ARS", []string{"en", "fr-CA"}},
    {"$", []string{"es-AR"}},
    {"$AR", []string{"fr"}},

Currency names are not included because they are rarely shown, but need significant space. Instead, they can be fetched on the frontend via Intl.DisplayNames.

View on Github

5 - Currency: High performant & accurate currency computation package.

Currency package helps you do currency computations accurately. Currency struct holds all the data required to define a currency.

type Currency struct {
	// Code represents the international currency code
	Code string
	// Symbol is the respective currency symbol
	Symbol string
	// Main represents the main value of the currency
	Main int
	// Fractional represents the fractional/sub unit of the currency
	Fractional uint
	// FUName is the name of the fractional/sub unit of the currency. e.g. paise
	FUName string
	// FUShare represents the no.of fractional/sub units that make up 1 main unit. e.g. ₹1 = 100 paise
	// Number of fractional units that make up 1 unit of the main value
	FUShare uint
	// PrefixSymbol if true will prefix the symbol when stringified
	PrefixSymbol bool
	// SuffixSymbol if true will suffix the symbol when stringified
	SuffixSymbol bool

New(main int, fractional int, code, symbol string, funame string, fushare uint)

New returns a pointer of currency instance created based on the values provided

main - Main/Super unit of the currency
fractional - Subunit/fractional unit of the currency
code - is the currency code according to [ISO 4217 specification](
symbol - Unicode symbol of the currency
funame - Name of the fractional/sub unit
fushare - Number of fractional/sub units that make up 1 unit of the main/super unit

IMPORTANT! Fractional unit can be negative only when the main value is 0. If the main value is not 0, fractional unit's negative sign is ignored.

Parsers & convenience methods

  1. NewFractional(fractional int, symbol string, fulabel string, fushare uint) returns a currency struct instance, given a currency's total value represented by the fractional unit
  2. ParseString(value string, code, symbol string, fulabel string, fushare uint) returns a currency struct instance, given a currency value represented as string
  3. ParseFloat64(value float64, code, symbol string, funame string, fushare uint) returns a currency struct instance, given a currency value represented in float64

View on Github

6 - Decimal: Arbitrary-precision fixed-point decimal numbers.

Arbitrary-precision fixed-point decimal numbers in go.

Note: Decimal library can "only" represent numbers with a maximum of 2^31 digits after the decimal point.


Run go get


Decimal library requires Go version >=1.7


package main

import (

func main() {
	price, err := decimal.NewFromString("136.02")
	if err != nil {

	quantity := decimal.NewFromInt(3)

	fee, _ := decimal.NewFromString(".035")
	taxRate, _ := decimal.NewFromString(".08875")

	subtotal := price.Mul(quantity)

	preTax := subtotal.Mul(fee.Add(decimal.NewFromFloat(1)))

	total := preTax.Mul(taxRate.Add(decimal.NewFromFloat(1)))

	fmt.Println("Subtotal:", subtotal)                      // Subtotal: 408.06
	fmt.Println("Pre-tax:", preTax)                         // Pre-tax: 422.3421
	fmt.Println("Taxes:", total.Sub(preTax))                // Taxes: 37.482861375
	fmt.Println("Total:", total)                            // Total: 459.824961375
	fmt.Println("Tax rate:", total.Sub(preTax).Div(preTax)) // Tax rate: 0.08875

View on Github

7 - Fastme: Fast extensible matching engine Go implementation.

fastme (fast golang matching engine) library


The library solves the task of recalculating the exchange order book. A classic matching engine consists of limit orders (orders) for buying or selling (exchanging) some commodity for another commodity, usually currency.

The distinctive feature of the library is that:

  • No predetermined price levels
  • There is no restriction on the types of numeric values used
  • When working within integers, performance is achieved up to 500k transactions per second
  • Contains all necessary dependencies
  • There is support for write-off of commissions like maker and taker for working on cryptocurrency assets

Description of interfaces and data types

All mathematical recalculation operations of the order book are designed to work in the system of business logic, so the engine itself works with the input interfaces and notifies the business logic about the events that occurred during the exchange of goods. BL decides what to do with this data (e.g., write off funds from the corresponding wallet). For the correct operation of the exchange it is necessary to implement the interfaces described in the file ```echange.go``.


type Asset string

Describes the name of some exchange asset. Matching engine notifies the business logic of the event with the product and Asset type, not string, for clarity.


type Volume struct {
	Price    Value
	Quantity Value

When making a transaction or closing a position, the matching engine also notifies about the volume of the transaction of Volume type. It contains the value of the amount and quantity of the exchange asset.


// Value calculates math operations
type Value interface {
	// Add is an "+" operation
	Add(Value) Value

	// Sub is an "-" operation
	Sub(Value) Value

	// Mul is an "*" operation
	Mul(Value) Value

	// Cmp returns 1 if self > given, -1 if self < given and 0 if self == given
	Cmp(Value) int

	// Sign returns 1 if Value > 0, -1 if Value < 0 and 0 if Value == 0
	Sign() int

	// Hash returns any string representation of the Value
	Hash() string

For recalculation and storage of numbers in the order of the order book it is necessary to implement certain mathematical operations. To dwell on a certain type of data (eg int.Big) is obviously inconvenient because of the subsequent severe restriction on the related type. Therefore, the type Value has appeared, in which you can wrap this interface (example in the file ```engine_test.go``).

View on Github

8 - Fpdecimal: Fast and precise serialization and arithmetic for small fixed-point decimals.

Fixed-Point Decimals

To use in money, look at

  • Small 200LOC
  • Precise int64 inside and does not use float neither in parsing nor printing
  • Fuzz tests parsing, printing, arithmetics
  • JSON encoding/decoding
  • Fast Parsing same as int64, 3x faser float, 20x faster shopspring/decimal, 30x faster fmt
  • Fast Printing same as int64
  • Fast Arithmetics same as int64
  • Zero overhead for arithmetic operations
  • Zero overhead for memory, same size as int64
  • Safe preventing error-prone fixed-point arithmetics
var BuySP500Price = fp3.FromInt(9000)

input := []byte(`{"sp500": 9000.023}`)

type Stocks struct {
    SP500 fp3.Decimal `json:"sp500"`
var v Stocks
if err := json.Unmarshal(input, &v); err != nil {

var amountToBuy fp3.Decimal
if v.SP500.GreaterThan(BuySP500Price) {
    amountToBuy = amountToBuy.Add(v.SP500.Mul(2))

// Output: 18000.046


Parsing and Printing is expensive operation and requires a lot of code. However, if you know that your numbers are always small and simple and you do not care or do not permit lots of fractions like -1234.567, then parsing and printing can be greatly simplified. Code is heavily influenced by hot-path from Go core strconv package.

It is wrapped into struct to prevent bugs:

  • block multiplication by fpdecimal type, which leads to increase in decimal fractions and loose of precision
  • block additions of untyped constants, which leads to errors if you forget to scale by factor



$ go test -bench=. -benchtime=5s -benchmem ./...
goos: darwin
goarch: arm64
BenchmarkParse_FP3Decimal/small-10                             845515756             7.04 ns/op           0 B/op           0 allocs/op
BenchmarkParse_FP3Decimal/large-10                             278560885            21.43 ns/op           0 B/op           0 allocs/op
BenchmarkParse_int_strconv_Atoi/small-10                      1000000000             4.74 ns/op           0 B/op           0 allocs/op
BenchmarkParse_int_strconv_Atoi/large-10                       424242687            14.17 ns/op           0 B/op           0 allocs/op
BenchmarkParse_int_strconv_ParseInt/small/int32-10             566976321            10.65 ns/op           0 B/op           0 allocs/op
BenchmarkParse_int_strconv_ParseInt/small/int64-10             552894133            10.85 ns/op           0 B/op           0 allocs/op
BenchmarkParse_int_strconv_ParseInt/large/int64-10             219031276            27.56 ns/op           0 B/op           0 allocs/op
BenchmarkParse_float_strconv_ParseFloat/small/float32-10       344793511            17.43 ns/op           0 B/op           0 allocs/op
BenchmarkParse_float_strconv_ParseFloat/small/float64-10       335880535            17.82 ns/op           0 B/op           0 allocs/op
BenchmarkParse_float_strconv_ParseFloat/large/float32-10       129427171            46.40 ns/op           0 B/op           0 allocs/op
BenchmarkParse_float_strconv_ParseFloat/large/float64-10       128508513            46.75 ns/op           0 B/op           0 allocs/op
BenchmarkParse_float_fmt_Sscanf/small-10                        20424795           295.6  ns/op          69 B/op           2 allocs/op
BenchmarkParse_float_fmt_Sscanf/large-10                         9479828           633.9  ns/op          88 B/op           3 allocs/op
ok    194.558s

View on Github

9 - Fpmoney: Fast and simple ISO4217 fixed-point decimal money.

Fixed-Point Decimal Money

  • ISO 4217
  • as fast as int64
  • no float in parsing nor printing
  • zero overhead arithmetics
  • block mismatched currency arithmetics
  • does not leak precision
  • Fuzz tests
  • parsing is faster than int, float, string
  • 200 LOC
  • int64 can fit enough of BTC satoshi and even few ETH wei
var BuySP500Price = fpmoney.FromInt(9000, iso4217.SGD)

input := []byte(`{"sp500": {"amount": 9000.02, "currency": "SGD"}}`)

type Stonks struct {
    SP500 fpmoney.Amount `json:"sp500"`
var v Stonks
if err := json.Unmarshal(input, &v); err != nil {

amountToBuy := fpmoney.FromInt(0, iso4217.SGD)
if v.SP500.GreaterThan(BuySP500Price) {
    amountToBuy = amountToBuy.Add(v.SP500.Mul(2))

// Output: 18000.04 SGD


Division always returns remainder. Fractional cents can never be reached.

x := fpmoney.FromInt(1, iso4217.SGD)
a, r := x.Div(3)
fmt.Println(a, r)
// Output: 0.33 SGD 0.01 SGD

a, r = x.Div(5)
fmt.Println(a, r)
// Output: 0.20 SGD 0 SGD

Cross Currency Protection

Akin to integer division by 0, which panics in Go, arithmetic operations on differnet currenices result in panic. Returning error in arithmetic operation would prohibit chaning of method calls, which is not convenient. It is better to stop execution, rather then corrupt value. Mismatched or missing currencies must be caught at testing or QA of your code.

Two mechanisms to reduce panics are planned for future versions:

  1. package level var for enable/disable currency check
  2. package level var for fallback currency

View on Github

10 - Go-finance: Module to fetch exchange rates, check VAT numbers via VIES and check IBAN bank account numbers.

This is a Golang library which contains finance related functions.

Exchange Rates

The following example explains how to use this package to retrieve the exchange rates from ECB:

package main

import (


func main() {

	rates, err := finance.ExchangeRates()
	if err != nil {
		fmt.Println("ERROR:", err.Error())

	for currency, rate := range rates {
		fmt.Println(currency, "-> €1 =", rate)


Checking VAT Numbers

You can also VAT numbers via the VIES service. The following sample code shows how to do this:

package main

import (


func main() {

	info, err := finance.CheckVAT("BE0836157420")
	if err != nil {
		fmt.Println("ERROR:", err.Error())



View on Github

Thank you for following this article.

#go #golang #accounting #finance 

10 Favorite Golang Accounting and Finance Library

James beatty


10 productivity tips : ‘Accounting Practice Management Software’

When it comes to running an accounting firm, the key to success is productivity. You need to be able to manage competing client priorities, onboard new staff, and standardize your processes while still keeping up with your work.

Here you go, continue reading to find ten ways our users make CAOA work better for their needs and how it helps improve productivity with the help of Accounting Practice Management Software.

  • Automate your time-consuming tasks
  • Use templates
  • Stay organized
  • Communicate with your team
  • Set goals
  • Manage Documents
  • Get feedback
  • Be flexible
  • Train your team
  • Keep up with technology

Read more: Some Good Reasons You Need Real-Time Accounting at your Accounting Firm

We hope you find these tips helpful! If you have any other productivity tips, please share them with us in the comments below. 

And be sure to check out CA Office Automation software - CA Office Automation (CAOA) is an industry-leading ERP-based accounting practice management software.

"Productivity at accounting firms can be a real challenge- but it's important always to keep up the level so your business can succeed." Thanks for reading!

Click here to get started with a free demo today!

Search term : #accounting  #accountingsoftware  #technology #data-analysis #data-science

10 productivity tips : ‘Accounting Practice Management Software’

James beatty


How Need Real-Time Accounting At Your Accounting Firm Can Increase You

In the past, accounting was a process that happened at the end of each fiscal quarter. You would tally up your income and expenses, and then make decisions about what to do with your business based on that information. 

What is Real-Time Accounting?

Real-time accounting refers to the tracking of your finances on a regular basis, typically daily or weekly. This allows you to see how your business is performing at any given moment, and make decisions accordingly.

There are several benefits of real-time accounting:

  • You can make better decisions for your business
  • You can respond quickly to changes in the market
  • You can improve communication with clients
  • Timely information to taxpayers

Read more: 7 Ways to Reinvent Your Accounting Firm in 2022

How you can implement real-time accounting at your accounting firm?

  • Use accounting practice management software
  • Train your staff
  • Set up a system

Read more: Accounting Automation Explained: How to Get Started Accounting Practices

Do you use real-time accounting in your business? What benefits have you seen? Let us know in the comments below!

We are one of the leading providers of ERP-based accounting practice management software. We offer a wide range of features that helps CPAs & Accounting Businesses in managing their office workflow, finances, & clients more efficiently. 

Contact us to learn more about how we can help you take your accounting business to the next level!

#accounting  #accountingfirm  #clients  #accountingautomation #officeworkflow #realtimeaccounting #office 

How Need Real-Time Accounting At Your Accounting Firm Can Increase You
Aiyana  Miller

Aiyana Miller


Renew SSL for All The Domains Of Expired CPanel Account

 Let's see a quick guide to the renew SSL for all the domains of Expired cPanel account in one go


Renew SSL for All The Domains Of Expired CPanel Account
saloni shah

saloni shah


Hospital Management software

A Hospital Management software is an integrated information system for managing all aspects of a hospital’s operations such as #medical #financial #administrative #legal and #compliance. It includes #electronichealthrecords #businessintelligence, and revenue #cyclemanagement. Hospitals and #healthcare facilities improve the quality of #healthcareservices #reduceoperatingcosts and improve the revenue cycle by using such #hospitalmanagementsystems. Hospital Management System typically includes Outpatient and Inpatient Management, #Pharmacy #Laboratory #Radiology #Inventory #mobileapps #tabletversions #onlinescheduling #SecuredMessaging #doctor and #patientportals #accounting, HR/Payroll #bloodbank, and #businessIntelligence. Visit Website:

Our hospital management system is designed to manage all hospital Operations. The ideal Client base for Hospital is health care facilities, multi-specialty clinics, and medical practitioners. Multi-location functionality allows your hospitals, satellite clinics, and medical stores to be interconnected. Traditional approaches encompass paper-based information processing, as well as Resident Customable Alert Software, sends Text, IM, and Email Reminders and Improves the quality of patient care. 

Hospital Management software

Joy Alex


How to Resolve QuickBooks Rebuild Error 179 ?

The quickbooks error code 179 is the issue of the quickbooks banking error that may cause the issue in opening of the bank website thus it may affect the user transaction related task as user bank website got logged-out from the system thus it can be fix by the updating the financial transactions of the institution.

#accounting #quickbooks #errors

How to Resolve QuickBooks Rebuild Error 179 ?
Gerhard  Brink

Gerhard Brink


How Big Data and Open Banking Are Combining To Bring a New Era of Fintech-Driven Banking

For a long time, consumers expected personalization of their digital experiences, however, the pandemic has added a new layer of urgency to these expectations.


The rise of technology and digital services has led to increasing customer demands for simplicity and speed. Banks and financial services institutions are continuously searching for new ways to retain and attract customers while aiming to respond to heightened consumer demand for personalized services. For this reason, customer-centric offerings continue to dominate the financial technology (FinTech) landscape.

Personalization takes advantage of real-time data and cutting-edge technologies to deliver product or service information to customers. In an extremely competitive financial services sector, there is more pressure than ever for FinTech companies to provide customers with a better experience.

A truly personalized financial experience is powered by data that can be harvested and meaningfully translated to create an individual experience. Open banking is also giving organizations a way to gain customer consent in order to access and interpret their financial data.

The socio-economic effects of the COVID-19 pandemic have revealed new changes in consumer spending. It has long been the case that consumers expected mass personalization of their digital experiences, however, the disruption to the global economic landscape caused by coronavirus has added a new layer of urgency to these expectations. Organizations must be able to adapt and innovate quickly to meet the demands of an evolving FinTech sector.

#big data #finance #accounting #fintech #bank #banking apps #banking business solution

How Big Data and Open Banking Are Combining To Bring a New Era of Fintech-Driven Banking
Thurman  Mills

Thurman Mills


What Is Cloud Accounting? How to Choose The Best Accounting Software?

According to Flexi, the global market for cloud-based accounting will grow to $4.25 billion by the end of 2023.

Cloud accounting, an emerging trend in accounting and finance, is bringing a significant shift in the accounting process. Companies can save money, effort, and time by signing up with cloud accounting software. This eliminates the need to install expensive software on each employee’s system.

In recent years, the cloud has become an increasingly important part of the IT sphere. This article will explore what cloud accounting is, how it works, and what advantages it provides to your business.

What is cloud accounting?

For centuries, people have kept accounts of their income and expenditure on paper. Double-entry bookkeeping, which uses both sides of accounting sheets to account for a business’s finances, has been around since the 18th century. These days, accounting software allows companies to track their income and expenditure in real-time.

#accounting #cloud-accounting #cloud

What Is Cloud Accounting? How to Choose The Best Accounting Software?

Start Accounting in Python

A great field with a great programming language


Python is big in finance. Nowadays the originally Dutch programming language is the go-to tool for many important tasks like; algorithmic trading, data analytics and crypto. One of the biggest reasons Python is this successful is due to the amount of libraries that the language offers. Hence it seems as if for every important task in finance there’s a Python library available.

However, for accounting (and financial statement analysis in general) Python never quite managed to break through. That’s why most accountants still use excel or other similar programs to do their bookkeeping. Needless to say, these programs are not as scalable and versatile as a programming language.

That’s why in this article we’ll explore a new Python library that manages to fill that gap, called “fibooks”. This library currently has 3 of the 4 main financial statements and offers a large set of built in computations that can help anyone getting more insight in a company’s financial performance.

#finance #python #api #accounting #start accounting in python #programming language

Start Accounting in Python

How to prepare a Statement of Income & Expenses in Python

Close to twenty years ago I studied accounting in an attempt to improve my employment prospects. Although I have never worked as an accountant, I have held roles that required a basic understanding of accounting and finance principles. In addition, I help my boyfriend, who is self employed, to prepare his accounts to submit to Her Majesty’s Revenue and Custom, or HMRC, and also the local council. Because my boyfriend is in receipt of tax credits, he is required to submit his accounts to both the HMRC and his local council every year.

While I have prepared a spreadsheet that I have been maintaining my boyfriend’s accounts on each year, my boyfriend, as a lot of other people, have difficulty using a spreadsheet. If ever I was not available to do it for him, I doubt he would be able to prepare his accounts in an accurate and timely fashion. It is for that reason that a good alternative needs to be devised to help those individuals who are not very good with IT to prepare their documents on their own, which can be submitted to the taxation authorities.

I have read that Python is better than Excel, so I would like to put this theory to the test. I have therefore devised a small program to keep track of financial transactions, prepare an Income and Expense account, and also save the csv file that is created to the drive that the program is written on.

This program is not written for expansive works and is intended to be used by very small businesses or individuals who can not or do not want to use a spreadsheet. I have made the program to just cover the basics, but it could every easily be expanded to cover what types of expenses are used, rather than just putting all of the expenses in one category of expenses. There are lots of things that can be done to give the program more options, but I wanted to keep it small so it can fit into a blog post and the code can fit into a screenshot.

One may want to read my previous blog post on how to calculate VAT. The link to the post can be found here:- How to calculate VAT using Python | by Tracyrenee | CodeX | May, 2021 | Medium

I wrote the program in Google Colab, which is a free online Jupyter Notebook that has many libraries pertinent to Python already installed on it.

Because the primary libraries I would need to use are already installed on Google Colab, I only needed to import them. The main libraries that I would need to use are pandas, datetime, os, matplotlib and seaborn. I did not import numpy in this instance, but it certainly would not hurt considering the fact that I would be carrying out mathematical calculations.

#accounting #conditional-statements #while-loop #python #profit-and-loss-statement

How to prepare a Statement of Income & Expenses in Python

taxace india


Payroll Management -

The finance rethinking administration ventures into the immediate organization of running the finance, including ascertaining and retaining charge or legal commitments, documenting reports, saving assets for workers or giving checks, and making the payslips.

Precisely how this is cultivated and the scope of administrations accessible will rely upon the sort of finance supplier chosen
Payroll Outsourcing Services
4 Types of Outsourced Payroll Services: Pros and Cons

There are four fundamental sorts of finance re-appropriating administrations accessible, each with benefits and weaknesses.
Programming/Online Services

There are finance administrations offered online as independent virtual frameworks, or to be utilized related to your current bookkeeping and HR programming. The benefit to this is the computations are robotized and finance can be created rapidly after you input the information. In any case, the drawback is that the product/framework must be customized precisely and mirror the particular principles of the host country or you could wind up with exorbitant errors.
Full Service Payroll Providers

A full specialist co-op will venture into the shoes of your HR office to run a neighborhood finance company. The benefit here is the supplier will ordinarily be situated in the host country and up to speed on every one of the nearby necessities, and will have a proficient staff available to help you.

The drawback is that you will give up the entirety of your representatives’ information and data to a host country supplier, and some HR divisions may not need the deficiency of control or hazard of the finance administration misusing data.
Payroll Services

A stage up from a rigorously financed just assistance is the PEO (Professional Employment Organization) which takes on a ‘co-manager’ part with the customer organization. They run finance locally however may likewise direct representative advantages, regulate consistency and hazard the executives by means of private protection or laborer remuneration rules.

These extra administrations are a benefit, however may make a misguided feeling of protection or insurance when the PEO isn’t the real manager of record. The organization will in any case require a nearby substance for other work and movement enlistments, and will remain legitimately liable for consistency.
Bookkeeping/Bookkeeping Firms

A more conventional technique for reevaluating finance is to recruit a neighborhood bookkeeping or accounting firm to deal with it straightforwardly. The bookkeeping staff will be privately prepared and ensured, with current information on proficient guidelines and procedures which may give an organization some genuine feelings of serenity over a managerial finance administration.

This has the upside of expert assistance and adaptability, however may not be reasonable for bigger organizations entering another country that need a more extensive scope of administrations or greater limit.
4 Things to Look Out for When Choosing a Payroll Outsourcing Service

At the point when you are choosing a rethought finance administration, there are some vital inquiries to pose before you settle on a decision.
payroll outsourcing services in india
How might they collaborate with you?

You will need to know whether there will be a committed record chief for your organization who will be a solitary resource. This is the standard with bookkeeping firms, however your staff contact may fluctuate with full specialist co-ops or a PEO.

This is a critical inquiry for online administrations where you may just cooperate by means of a gateway with virtual client assistance.

#payroll #service #accounting

Payroll Management -

Norah bailey


Quick Steps for Quicken Online Backup

Total financial control, that’s what Quicken says on its home website which is really true and it’s a boon for those who are looking out for reliable software to manage their finances. One more thing that attracts a lot of people to this excellent money management tool is Quicken online backup. Indeed it’s the icing on the cake and adds to other arsenals of Quicken benefiting lots of users like you and us.

#quicken #backup #online #software #accounting #service

Quick Steps for Quicken Online Backup

christan holm


Enhancement of Management Accounting and How is it Important in Small Businesses?

In the business be it small or large, management accounting plays a crucial role and it lays a growing impact on a running business. The role of the management accountant has been altered from a number cruncher to a story-teller whose data-driven insights usually shape critical business decisions. The process of management accounting is all about delivering the data tables and summarizing data that are collected as per the historical performance of the organization. It was an isolated role traditionally, and the management accountants would spend most of the time with spreadsheets other than interacting with the colleagues. Through the contents of the Management Accounting assignment help, the students can know in detail about the use of it in business.

Implementation of Management Accounting in Business Organization

The role of management accountant was synonymous with the limited contact with senior leadership and they were widely employed to source and deliver the numbers, thus leaving others for interpretation and acting on them. But in today’s business arena the role has been completely transformed. In management accounts, the highly qualified team deploys the latest cloud accounting software for giving each client the optimum understanding and insight of their business, thus ultimately disclosing all the true potentials of each enterprise. Thus the innovative approach of management accounting can take the business to the next level. Our writers always deliver genuine contents of the Management Accounting assignment help to the college students.

Data Analysis Tools and Dashboards

The tools of data analysis, visualization, and forecasting have enabled a redefinition of management accounting to be more engaged, strategic, and in its way a source of business leadership. Compared to previous days, the data is still critical but the management accountant of today’s business needs to be able to go a few steps further than before and create a real business value from the given data. The modern management accountants require being able to form up and thus sell a value-creating position that is supported by the underlying data analytics. Academic writers always aim in delivering error-less and non-plagiarized content in Management Accounting assignment help.
Data Analytics and its Stories

Before analyzing the collected data and shaping it into a cohesive story that people can understand quickly, the management accountants boil down to the process of collating the complex data. The advances made in the process of data visualization are the key to this new storytelling role of data analytics. As an instance, if one puts sheets of numbers in front of the busy business leaders, then they are likely to dismiss and ignore them. To know about the process of management accounting, the students can refer to the contents of the Management Accounting assignment help.

Thus to get their required message across, the management accountants do not need to rely on the numbers and tables, else they can use infographics and dashboarding to boil down a story to its essence and therefore take it along to a meeting of the busy team members. These tools can take a lot of data and hence turn into something easily digestible. Through the contents of Accounting assignment writing, the students can know the basics of accounting.

Email id:

#management #accounting #assignment #writing

Enhancement of Management Accounting and How is it Important in Small Businesses? - 4G LTE Mobile Proxies - Premium Tier 1 Country IP's

Hello, in this article I’ll show you few simple steps how you can create these accounts to get back to selling as soon as possible.

I will outline few main points and if you want to learn more and get all the required resources to successfully do that visit our website

  1. The foundation.
  2. Creating the accounts.
  3. Card verifications.
  4. Warming up.

These are 4 main steps we use in our guide so that you could successfully get back to selling on this platform.

Main thing is foundation and warm up, other things can easily be found online. Your foundation has to be strong because you have to look like a completely organic user, your user agent, IP address, DNS leaks and etc has to be flawless. Both of these platforms have very strong anti detection systems and quickly detect any inconsistencies in your system and ban you.

Warm up is also very important, you cannot start listing items right away, you have to browse like a real user, maybe even make a small purchase to a random address (that costs like $2-$10) and leave feedback for the item. Just be creative.

If you want to learn more and read this whole guide in depth you can find it on our website here

#ebay #paypal #stealth #accounting #proxies #mobile - 4G LTE Mobile Proxies - Premium Tier 1 Country IP's

Gena Sanford


Online Accounting and Bookkeeping Services | eBetterBooks

eBetterBooks is an accounting and service-based company which helps small business and entrepreneurs to manage account books, taxations, and many other accounting-related services to save time for the businesses to focus on what’s more important to them. In eBetterBooks we believe that ‘Cloud Accounting’ is the next generation of Accounting
For more information, visit:

#accounting #bookkeeping #financialreporting

Online Accounting and Bookkeeping Services | eBetterBooks