Accountancy Model
Accountancy Model screen-dump The Accountancy Model is accounting software. It is customizable to exploit your competitive advantage. Your financial statements can always be accurate up to the second and down to the penny.

The Database Schema shows how it is represented on disk. The Data Structure shows how it is represented in memory. The Inventory Decision Tree shows how it manages inventory. The Source Code is open to the public.

Accountancy Model cover The Accountancy Model originated as an accounting math book. Also available is the corresponding The Accountancy Model Examples. Paperback versions of these books are available at a nominal cost.

The Accountancy Model assists the Accountancy Profession to model a firm's economic events. Economic events are observed and then processed through a highly defined algorithm. The basic model begins with the identity:

Assets = Liabilities + Owners' Equity

Each Asset, Liability, and Owners' Equity expands to many accounting subclassifications. Each subclassification further expands to many accounts. After an economic event is observed, the appropriate accounting model is mathematically applied. The output from the model is a journal entry.

As software, The Accountancy Model is one of many applications that run on Appaserver.