Deprecated: Assigning the return value of new by reference is deprecated in /nfs/c02/h05/mnt/43632/domains/blog.cobaltapp.com/html/wp-settings.php on line 520

Deprecated: Assigning the return value of new by reference is deprecated in /nfs/c02/h05/mnt/43632/domains/blog.cobaltapp.com/html/wp-settings.php on line 535

Deprecated: Assigning the return value of new by reference is deprecated in /nfs/c02/h05/mnt/43632/domains/blog.cobaltapp.com/html/wp-settings.php on line 542

Deprecated: Assigning the return value of new by reference is deprecated in /nfs/c02/h05/mnt/43632/domains/blog.cobaltapp.com/html/wp-settings.php on line 578

Deprecated: Function set_magic_quotes_runtime() is deprecated in /nfs/c02/h05/mnt/43632/domains/blog.cobaltapp.com/html/wp-settings.php on line 18
Cobalt Blog » Insights
  • Cobalt

Archive for the Category Insights

 
 

The position

Accounting is one of the most conservative sectors there are. Both the accountant and the financial people at the companies stick to what they know - even if that often means printing out reports for them. Also accounting on itself is more complicated then we think it is. GST in some countries, multiple currency support, tax laws and reporting requirements can all have slight differences. Each country has it’s own rules. That means there are lots of local accountancy applications and expensive and clucky, but that’s what they use and will keep using.
But… Cobalt’s objective is by no means replacing these pro-applications. We want to create a dashboard for the company, the perfect software for the daily paper work and a tool that gives clear and tidy reports and numbers to your accountant.