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I don't really understand what you guys do. Are you just a cloud database for account balances, and we send you journal entries? And then you process the financ

• tmornini_ey 12y ago
  It's reasonable to consider us as a double-entry accounting data store. But we don't just store balances, we store the entire audit trail, including links to source documentation. As such, we make it easy to show customers and vendors realtime account statements, just like your bank does. We also provide simple manual tools to allow humans to view and make manual entries as required via our iOS and web app. We do not handle payment, but we do allow you to account for the payments you request and receive from other vendors. Finally, we make it trivial to account for splits in marketplace applications, and liability positions in any prepaid models. For instance, gift card accounting is a natural fit for us. In short, we simplify building core financial functionality for applications by providing developers an API to track money in the worldwide standard manner for the last 500 years. :-)