Jane Gleeson-White Quotes

Destiny has ordained that from the day of my birth I should never know a whole happy day.' Datini's meticulously kept account books span almost fifty years and clearly show the transition from single- to double-entry bookkeeping. His

To honour his bills of exchange, Badoer had at least four accounts with local bankers in Constantinople, where banking was organised along the same lines as on the Rialto: a bank's primary function was not to lend money, but to transfer the funds of its depositors, who personally presented themselves to authorise the transfer of money to creditor accounts in different cities.

In 77 BC, Cicero used the evidence of a client's well-kept ledger to argue in court for his good character and trustworthiness, saying, 'day-books last for a month, ledgers for ever . . . day-books embrace the memory of a moment, ledgers attest the good faith and conscientiousness which ensure a man's reputation for all time'.

As Francesco Datini of Prato did a century before, Pacioli advises merchants to incorporate explicit signs of Christianity into their books as a way of legitimising their profit-seeking activities. The use of double entry itself was like the Catholic confession: if a merchant confessed - or accounted for - all his world activities before God, then perhaps his sins would be absolved. These Christian flourishes that Pacioli recommends merchants include in their books are therefore no mere ornaments.