The company name LucaNet originates from one of the greatest Renaissance mathematicians: Luca Pacioli.
In 1494 this Italian Franciscan monk was the first worldwide to write a treatise about the idea of double-entry accounting: Summa de Arithmetica, Geometria, Proportioni et Proportionalità. The book is recognised as a great mathematical work of its time and contains elaborate descriptions of the accounting methodology, as it used to be performed by Venetian merchants in the past. This type of double-entry accounting with the inventory, balance sheet and profit and loss account has been applied worldwide until today. And we feel much indebted to this work.