The Fubra Blog
Clearbooks online accounting service
Today I’m proud to announce the beta launch of a new online accounting software that we have invested in, called Clear Books.
Clear Books Limited has been formed as a 50/50 joint venture company between Fubra Limited and Tim Fouracre. Tim has been a friend of mine since we both studied our A-Levels together at Farnborough Sixth Form College from 1998 – 2000. He went to University to study maths while I was starting Fubra with Brendan. When he graduated in 2003, he came to work for us for a year before leaving to train to become an accountant with KPMG. He also ran a small business in his spare time building a network of websites including an accountants directory.
Once Tim had qualified as chartered accountant he decided it was time to go to work in the city as an investment banker, and a year later – we head hunted him as the perfect person to work with us on a new accounting system.
In June this year I got speaking to Tim about the lack of online accounting systems. We desperately wanted one for our own accounts, but the market seemed quite new and relatively under-developed. I had previously built a small invoicing system for my brothers’ company, but it wasn’t a double entry accounts system. Tim had been working on a basic double entry accounts system for his mum’s dance school – but it didn’t do invoicing. So we decided to merge the two ideas together and bring Tim on full time to work on it… and so Clear Books was born.
Tim is ideally suited to this project. An accountant, an entrepeneur and a programmer – all rolled in to one. And I’m delighted to say that he hasn’t let us down. Just 4 months after he started full time on the project, we are now ready to launch Clear Books in beta mode.
I’m also delighted to say that we’re offering a free accounts software for charities. It can be quite daunting for a new charity to work out all the forms they need to file with the Charities Commission. Clear Books makes this process significantly easier!
Tags: Accounting, Clear Books, Money
