Traditionally accounting is purely based on manual approach.Experience and skilfulness of an individual accountant are critical in accounting processes.Even using the manual approach can be ineffective and inefficient.Accounting information systems resolve many of above issues.AISs can support an automation of processing large amount of data and produce timely and accuracy of information.
An accounting information system is a system of collecting,storing and processing financial and accounting data that are used by decision makers.An accounting information system is generally a computer based method for tracking accounting activity in conjunction with information technology resources.The resulting financial reports can be used internally by management or externally by other interested parties including investors,creditors and tax authorities.Accounting information systems are designed to support all accounting functions and activities including auditing,financial accounting & reporting,managerial or management accounting and tax.The most widely adopted accounting information systems are auditing and financial reporting modules.
A cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions to control the creation of additional units, and to verify the transfer of assets.Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.Cryptocurrencies use decentralized control as opposed to centralized electronic money and central banking systems.The decentralized control of each cryptocurrency works through a blockchain,which is a public transaction database,functioning as a distributed ledger.
At the current time, there are many crypto currencies that may be of interest to investors, traders and funds. Not all currencies can be on the same exchange and the rates can differ significantly. All this leads to the problem of accounting for crypto-currency portfolios: there can be many different currencies in the portfolio different stock exchanges and quickly get an estimate of the current financial condition, the yield on a particular currency and on the portfolio as a whole becomes difficult. This problem was the basis for the creation of the FinTab system.
FinTab is an analytical system based on the financial accounting service for crypto currency,but in addition there are other interactions that perfectly complement our system.Official website https://fintab.io/
Most Popular Solutions
- Cointracking
The most functional system, but the interface is too complicated and incomprehensible many different operations, half of which even traders and funds do not need. - CryptoCompare
The most convenient, from existing services. You can create several portfolios, there is a general basic analytics for the portfolio and for currencies. The service lacks a mobile application and a wider functionality for traders, the service is suitable only for personal use. - Blockfolio
At the moment, the only normal though bugs and lags are a mobile application. A convenient system for personal use, but there is no version for the computer it is inconvenient to enter many operations and currencies. And for traders, there is not enough analytics and the ability to create many
portfolios. - Coin.fyi
You can add currencies and specify their rate in USD. There are no other operations, only one portfolio. The system considers only the portfolio amount and ROI by currencies and portfolio. Very simple system. You can make more functional in "Google tables" or Excel.
The target audience
-All existing solutions are designed for a low-engagement audience: Private investors, users who buy crypto-currencies for medium and long-term positions, are almost not engaged in active trade, mainly rely on the growth of the exchange rate.
-Therefore, the number of active crypto-investors is growing every day, for which there is no optimal solution.
-Traders active users, working both on short and long positions. They carry out a lot of operations, they can have several active portfolios.
-Investment management traders, who take finance under management, are led by several clients.
-Funds are a separate category. Distinguished by a large number of clients and the flow of transactions.
Advantages of Using FINTAB System
- For private investors
The investor does not care how much this or that currency has grown the only thing that matters,how much it has earned and how you can earn even more.At the same time,not all users know the basics of trading and need recommendations. - For traders,
Maximum automation is important,so as not to waste time on accounting and analytics.Traders make transactions on various exchanges because of the difference in rates and financial accounting becomes a very laborious task.
If the trader takes the funds under management,he needs to report to the clients so that the customers are as clear and clear as possible and not to spend a lot of time on it themselves.Naturally,for traders it is extremely important to understand their effectiveness.Plus every active trader always strives to create the most effective and attractive portfolio in order to receive more funds under management. - For funds
you need to reduce the routine processing of huge transaction flows from their customers. It is important to reduce the complexity of maintaining internal accounting and improve its accuracy. And for clients, as for investors, the most important thing is to understand how much they have earned.At the same time,for funds,such a service is needed in any case and own development requires considerable resources,both labor monetary and temporary.
Ecosystem FinTab
FinTab is a SaaS product with payment for the use of the service.The cost for the service for the "Pro" and "Manage" accounts will be fixed in USD,but payment is accepted in FinTab tokens.In accordance with the target audience, we envisaged 3 tariffs :
Toekn Suply : 16.5 million FNTs will be issued:
Avalaible ICO : 14 million FNT (development of the system)
Team and partners : 1.5 million FNT
Bounty : 1 million FNT
The pre-ICO Completed
1 FNT = $ 0.1
Collected ~ $ 78,363
Soft Cap is closed at 124%
Closed sales phase 10-14 December 2017
1 FNT = $ 0.25
Participation condition : the minimum investment size is $ 8,000
The ICO December 14, 2017 - January 30, 2018
1 FNT = $ 0.4
In the first 48h + 30% of tokens
Next 5 days + 20% of tokens
The second week + 10% of tokens
The third week + 5% of tokens
The scheme for burning tokens FNT
In the system FinTab will be implemented incineration of tokens, received as payment for the service
-When paying for the service and the signal system,10% of the FNT tokens pass to the FinTab command.
-The remaining 90% of the tokens are burned.
When using FinTab as an advertising platform and a P2P site, tokens are not burned
since 90% of the tokens are given to users and the remaining 10% to the FinTab team.
How to participate ?
How to buy FTN tokens using your personal account
1.Enter your https://ico.fintab.io/Account/Register?lang=en and register.Enter your Email address and password.If you are already registered, you can enter your personal account for the investor https://ico.fintab.io/
2.Enter the amount of tokens and choose the currency you want to make the purchase with.We accept Ethereum and Bitcoin.Before ordering,you need to confirm your email.
3.Copy the payment amount and the address you need to send the payment.Enter your personal wallet where you keep your chosen currency and send the stated amount to the address you’ve copied from your personal account.
4.After the transaction is processed,in your personal account for the investor you need to specify the ETH wallet you want to receive your tokens to.
How to add FNT to your Ethereum wallet on MyEtherWallet
-Go to your Wallet, in our case it's MyEthereumWallet.Enter the Wallet using your Private Key or Keystore File (UTC / JSON) or in another convenient way.Under the transaction history, find the "Token balances" block.
-Choose "Add your Token".
-Fill in the data:
-address = 0x9D613a7A10CD550C7a0826c6deEcFF6f1B3e9879
-name = FNT
-decimals = 8.
If you already have an Ethereum wallet
Great! You can store your FNT, and also manage, accept and transfer them using your Ether wallet. For example, myetherwallet.com,Ethereum Wallet,Mist.
Buy tokens for Bitcoin
-If you plan to buy tokens for Bitcoin you will still need an ETH wallet to receive tokens.
Complete info for purchase visit https://docs.google.com/document/d/1ZFeYQu8JZ9YI8Tc1sijpA9e0pjO3QZ9KNFNH3Wpz9i8/edit#
RoadMap
- August 3 - September 17, 2017
-Closed alpha-testing.
-Manually adding and editing transactions including the accounting of fees
-Creating the opportunity to have and work with the unlimited number of portfolios.
-Portfolio information.
-Purchased currency information date,quantity and place of purchase
-Exchange/wallet information financial summary,type and number of currencies
-Adding custom currencies and exchanges/wallets.
-Profit/loss evaluation, dynamics of a certain portfolio or currency.
-English translation. - September 18 - October 11, 2017
-Beta-testing.
-UX/UI design elaboration.
-Mobile application development for Android.
-Preparation for the pre-ICO. - October 12 - November 30, 2017
-Pre-ICO (October 12 – November 12).
-Release of the Android app.
-Integration with exchanges via API.
-Tokens accounting.
-System of notifications.
-Export of statistics.
-Adding analytic tools. - December 10, 2017 - January 30, 2018
-Closed stage of sales (December 10-14).
-Carrying out of the ICO (December 14 – January 30).
-Elaboration of the "Pro" accounts functionality. - January - February 2018
-Monetization of the system. - March - April 2018
-Mobile app development for iOS.
-Elaboration of the "Manage" accounts functionality.
-Development of our own API for currency exchange rates,ICO tokens and their historical data.
-Creation of the Technical Support service. - May - June 2018
-System of analytics and signals - June - August 2018.
-Elaboration of the advertising functionality. - September - October 2018
-Traders' rating and P2P interaction. - November 2018 – April 2019
-AI system trading recommendations implementation. - Always
-Continuous improvement.
Whitepaper : https://drive.google.com/file/d/1AK6HTgqZ0yJaeHX5UVCzC1GJeX4xdME_/view
Twitter : https://twitter.com/fintab_io
Facebook : https://www.facebook.com/fintabservice/
Telegram : https://t.me/fintab_chat_en
Reddit : https://www.reddit.com/r/FinTab/
VK : https://vk.com/fintab
Ann Threads BTT : https://bitcointalk.org/index.php?topic=2193271
My Account BTT : https://bitcointalk.org/index.php?action=profile;u=395093