The Godfather of Bookkeeping

James Brown was the Godfather of Soul, Paul Weller was the Modfather but who’s the Godfather of Bookkeeping Luca Pacioli. Alright, its not as exciting as those first two guys but it is still one of the most important and groundbreaking techniques that helped shaped the modern world as we know it. If you need someone to for Bookkeeping Services Gloucestershire way then try this website https://www.kngbusinesssupport.co.uk/bookkeeping-services-gloucestershire they do the job so you don’t need to. Let’s hear more about Luca though.

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Born in 1477 Luca Pacioli had a dream. That dream was to devise a system of double entry bookkeeping that would revolutionise the accounting world and become the acceptable way of recording company finances. Ok that’s probably not true it’s more than likely he wanted to be a Knight or something but, as with the rest of us he found that he had an aptitude for something and fll into it. Luca’s education was possible an indication of where he might go in his life as he wasn’t, as was the customer just taught in the Latin tongue. He did come from Italy, so Latin was given but he was also taught in in his regional language making him multilingual from an early age. He could converse with the common folk and the high ups in society, a handy skill. His Dad was a merchant, so he was growing in a world of commerce as well plus he would have seen that exact accounting of finances would have been paramount of the success of the business. He found that he had an aptitude for mathematics, which is always helpful in life, and he was so good that when he moved to Venice to seek his fortune he was able to tutor the sons of Merchants and further his own studies. He also decided to take religious orders and became a Franciscan Friar.

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His skills took him all around Italy at the requests of Dukes and Nobility who wanted him the tutor and to illustrate his skills. He was also authored a textbook explaining the language of accountant and bookkeeping to those who were looking to study it. This was a bit a godsend to many who were approaching the whole subject with trepidation. During his travels he met and worked with the great Leonardo Di Vinci and you can’t get much higher accolade than that Godfather of the Modern world in general. The had some excitement in there lives as he was forced to flee with Di Vinci when the French invade. They didn’t realise what a good thing they had and removed Pacioli and Di Vinci’s patron. The two men went their separate ways and Luca returned to his town of birth where he lived out his final years quietly and peacefully. He died at, for then, the ripe old of 70. His work was so influential that accountancy hasn’t changed for 500 years and he was also a key chess player.

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