I think this depends on what you consider to be the fundamental trait of double-entry accounting: the error-checking or the explanatory power.
It is true that by enforcing that value movement have both a source and a target, we make it possible to add a useful checksum to the system. But I believe this is a side benefit to the more fundamental trait of requiring all value flow to record both sides, in order to capture the cause for each effect.
I agree with your general perspective though: technology has afforded us new and different tools, and thus we should be open to new data models for accounting. I don't agree with other commenters that we should tread lightly in trying to decipher another field, nor do I agree with the view that the field of Accounting would have found a better way by now if there were one. Accountants are rarely, if ever, experts in CS or software engineering; likewise software developers rarely have depth in accounting.
Source: just my opinions. I've been running an accounting software startup for 5 years.
I agree with your first statement, but a little lost on the last one—I would think of the first idea as a question of data modeling, whereas the last (bad inputs) is one of enforcement and ownership.
Both present challenges, but better inputs don't help without a better model for business objects (as I see it)?
We're building the modern data platform for accounting and finance. Customers like Brex, Plaid, OpenAI, Anthropic, and many more depend on Numeric to automate their work, to collaborate, and to monitor, analyze, and share insights on their financial data.
Seeking product-centric engineers w/ 4+ YOE. Full stack, backend, frontend, whatever; more focused on general ability and thinking than specific skillsets. Engineers here meet directly with users, have substantial ownership over product decisions, and work quickly together in person in our offices in SF & NYC.
Apply: Email [email protected] (please mention hackernews in subject)
Did he... link the wrong URL at the end of the post? I thought for sure it was going to be some sort of heartfelt speech, or motivational message, or something. But it's an instrumental DJ set which seems totally out of left field
Numeric | Software engineer (3+ YOE) | ONSITE in San Francisco, CA | https://www.numeric.io
We're building the platform to automate accounting and tackle the underlying data issues which plague accounting and finance departments. Customers like Plaid, Brex, Wealthfront, AngelList, Mercury, and more depend on Numeric to automate their work, to collaborate, and to monitor, analyze, and share insights on their financial data. We've raised $10M to date from excellent investors like Founders Fund, Menlo Ventures, and more.
We're a product-first company with technical founders and an engineering team whose past experiences include Brex, Segment, Carta, and more. This will be a fit if you're excited to understand your users and the domain, as well as to have substantial responsibility and impact. We work in person in our SF & NYC offices, and prioritize speed and ownership (both technical and product ownership). We're growing rapidly, we're well-funded, and building out our team to continue investing in ambitious product goals.
Product-oriented engineers appreciated, bonus points for startup experience and/or full-stack experience with Typescript. >=3 YOE.
Generally people have a recovery option (“Forgot Password”) which routes to the same email, meaning it’s effectively already a single point of failure.
But it’s generally a well-secured one (2fa, ip monitoring ). So in effect we’re not making it more of a single point of failure, we’re just removing the various other means of attack by removing site-specific identities (passwords)
Numeric | Software engineer (4+ YOE) | ONSITE in San Francisco, CA | https://www.numeric.io
We're building the platform to automate accounting and tackle the underlying data issues which plague accounting and finance departments. Customers like Plaid, Wealthfront, AngelList, Mercury, and more depend on Numeric to automate their work, to collaborate, and to monitor, analyze, and share insights on their financial data. We've raised $10M to date from excellent investors like Founders Fund, Menlo Ventures, and more.
We're a product-first company with technical founders and an engineering team whose past experiences include Brex, Segment, Carta, and more. This will be a fit if you're excited to understand your users and the domain, as well as to have substantial responsibility and impact. We work in person in our SF & NYC offices, and prioritize speed and ownership (both technical and product ownership). We're growing rapidly, we're well-funded, and building out our team to continue investing in ambitious product goals.
Product-oriented engineers appreciated, bonus points for startup experience and/or full-stack experience with Typescript. >=3 YOE.
Numeric | Software engineer (4+ YOE) | ONSITE in San Francisco, CA or NYC, NY | https://www.numeric.io
We're building the platform to automate accounting and tackle the underlying data issues which plague accounting and finance departments. Customers like Wealthfront, AngelList, Mercury, and more depend on Numeric to automate their work, to collaborate, and to monitor, analyze, and share insights on their financial data.
We're a product-first company with technical founders and an engineering team whose past experiences include Brex, Segment, Carta, and more. This will be a fit if you're excited to understand your users and the domain, as well as to have substantial responsibility and impact. We work in person in our SF & NYC offices, and prioritize speed and ownership. We're growing rapidly, we're well-funded, and building out our team to continue investing in ambitious product goals.
Product-oriented engineers appreciated, bonus points for startup experience and/or full-stack experience with Typescript. 4+ YOE.
Numeric | Software engineer (4+ YOE) | ONSITE in San Francisco, CA or NYC, NY | https://www.numeric.io
We're tackling fundamental issues that underlie the finance and accounting departments. Companies like Wealthfront, AngelList, Clearbit, and more depend on Numeric to collaborate & automate their workflows, as well as to monitor, analyze, and share insights on their financial data.
This will be a fit if you're excited to understand your users and the domain, as well as to have substantial responsibility and impact. We work in person in our SF & NYC offices, and prioritize speed and ownership. We're growing rapidly and have a wide range of opportunities within the product team. As an engineer, you might work on building out our data & analytics platform, iterate on our self-serve offering, automate recurring workflows for our users, and more.
Generalists appreciated, bonus points for startup experience and/or full-stack experience with Typescript. 4+ YOE.
For our team, VS Code is reaching that point. The Macbooks can’t keep up with VS Code’s decay.
Unfortunately Zed lacks good defaults (like a way to change tabs without the mouse) and certain vs code features like snippets. Makes it difficult to transition a team which has been dependent on Vscode and which has absolutely no interest in spending our days configuring tools
Numeric | Product engineer (4+ YOE) | ONSITE in San Francisco, CA or NYC, NY | https://www.numeric.io
Come join us to build the modern accounting & finance platform. Companies like Wealthfront, AngelList, Clearbit, and more depend on Numeric to collaborate & automate their workflows, as well as to monitor, analyze, and share insights on their financial data.
Our mission is to solve the data issues that sit at the root of companies' problems when it comes to finance and accounting. Companies want up-to-date, accurate, useful financial data as easily and often as possible; good data enables good operations and decision-making. Today's systems unfortunately do little to help, and accountants are relegated to fairly manual data entry and error checking. We're tackling these foundational problems and we need great engineers.
Looking for product & customer-focused engineers[1]; this will fit if you like to build quickly, contribute to product direction, and know your users.
Bonus points for startup experience and/or full-stack experience with Typescript. 4+ YOE.
Numeric | Product engineer (4+ YOE) | ONSITE in San Francisco, CA or NYC, NY | https://www.numeric.io
Come join us to build the modern accounting & finance platform. Companies like Wealthfront, AngelList, Clearbit, and more depend on Numeric to collaborate & automate their workflows, as well as to monitor, analyze, and share insights on their financial data.
Companies want up-to-date, accurate, useful financial data as easily and often as possible; good data enables good operations and decision-making. Today's systems unfortunately do little to help, and accountants are relegated to fairly manual data entry and error checking. We're tackling these foundational problems and we need great engineers.
We're an early company with top-tier investors, wonderful customers, and large ambitions. We work in person and value high ownership and velocity.
Looking for product & customer-focused engineers[1]; this will fit if you like to build quickly, contribute to product direction, and know your users.
Bonus points for startup experience and/or full-stack experience with Typescript. 4+ YOE.
Numeric | Product engineer (4+ YOE) | ONSITE in San Francisco, CA or NYC, NY | https://www.numeric.io/
We are building the modern accounting & finance platform. Companies like Wealthfront, AngelList, Clearbit, and more depend on Numeric's workflow and data platform to collaborate, monitor and analyze data, and share insights about their financials.
We're an early company with top-tier investors, wonderful customers, and large ambitions.
Looking for product & customer-focused engineers[1]; this will fit if you like to build quickly, contribute to product direction, and know your users. We're taking on some foundational challenges and need great engineers who want to dive into the details of the domain, execute with high velocity, and have high ownership.
Bonus points for startup experience and/or full-stack experience with Typescript. 4+ YOE.
Numeric | Product engineer (4+ YOE) | ONSITE in San Francisco, CA or NYC, NY | https://www.numeric.io/
We are building the modern accounting & finance platform. Companies like Wealthfront, AngelList, Clearbit, and more depend on Numeric's workflow and data platform to collaborate, monitor and analyze data, and share insights about their financials.
We're an early company with top-tier investors, wonderful customers, and large ambitions.
Looking for product & customer-focused engineers[1]; this will fit if you like to build quickly, contribute to product direction, and know your users. We're taking on some foundational challenges and need great engineers who want to dive into the details of the domain, execute with high velocity, and have high ownership.
Bonus points for startup experience and/or full-stack experience with Typescript. 4+ YOE.
Numeric | Product engineer (4+ YOE) | ONSITE in San Francisco, CA or NYC, NY | https://www.numeric.io/
We are building the modern accounting & finance platform. Companies like Wealthfront, AngelList, Clearbit, and more depend on Numeric's workflow and data platform to collaborate, monitor and analyze data, and share insights about their financials.
We're an early company with top-tier investors, wonderful customers, and large ambitions.
Looking for product & customer-focused engineers[1]; this will fit if you like to build quickly, contribute to product planning, and know your users. We're taking on some foundational challenges and need great engineers who want to dive into the details of the domain, execute with high velocity, and have high ownership.
Bonus points for startup experience and/or full-stack experience with Typescript. 4+ YOE.
Numeric | Full stack engineer (4+ YOE) | ONSITE in San Francisco, CA or NYC, NY | https://www.numeric.io/
We are building the modern accounting & finance platform. Companies today depend on Numeric's workflow and data platform to collaborate, monitor and analyze data, and share insights about their financials.
We're an early company (<15 people) with top-tier investors, wonderful customers, and large ambitions.
Looking for product & customer-focused engineers[1]; this will fit if you like to build quickly, contribute to product planning, and know your users. We're taking on some foundational challenges and need great engineers who want to dive into the details of the domain and execute with high velocity.
Bonus points for startup experience and/or full-stack experience with Typescript. 4+ YOE.
It is true that by enforcing that value movement have both a source and a target, we make it possible to add a useful checksum to the system. But I believe this is a side benefit to the more fundamental trait of requiring all value flow to record both sides, in order to capture the cause for each effect.
I agree with your general perspective though: technology has afforded us new and different tools, and thus we should be open to new data models for accounting. I don't agree with other commenters that we should tread lightly in trying to decipher another field, nor do I agree with the view that the field of Accounting would have found a better way by now if there were one. Accountants are rarely, if ever, experts in CS or software engineering; likewise software developers rarely have depth in accounting.
Source: just my opinions. I've been running an accounting software startup for 5 years.