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FrontAccounting forum → Wish List → Crypto Payment and Receipt Integration - ISO 20022
The world and accounting systems are moving to simplified payments with the integration of XRPL into existing accounting systems.
This video summarises the issues being addressed and how it is being addressed. I think this would be a great feature for FrontAccounting.
https://www.youtube.com/watch?v=WGuKhgZUo8o
I have integrated Btc pay server for bitcoin payments into frontaccounting. It has web hooks and does the accounting on the backend through sql. if you are interested let me know. I was going to release it as a one click install with frontaccounting as a docker container for umbrel. so people can easily self host payments and bitcoin node and accounting
https://docs.btcpayserver.org/Deployment/
https://umbrel.com/
Frontaccounting is accounting software not a payment integration. Development should be on accounting issues
That's great what you have done and I'm super impressed. Wish I could do something like that.
For someone like me, a one click install is all I'm really capable of. I'm just dabbling in this stuff at the moment, so I don't need to deploy as yet.
I agree that FrontAccounting should be focused on accounting development, though:
- capacity to auto add a Crypto QR Code payment to an Sales invoice would be nice
- capacity to auto read a Crypto ledger for payments received data and match AR invoices would be nice
- capacity for FA to auto read an AP email account and auto import payment data would be nice
- capacity to export a payment file to standard bank import or crypto import would also be nice
Thanks for your response. It was great to hear what you have done.
The world and accounting systems are moving to simplified payments with the integration of XRPL into existing accounting systems.
This video summarises the issues being addressed and how it is being addressed. I think this would be a great feature for FrontAccounting.
https://www.youtube.com/watch?v=WGuKhgZUo8o
It's fascinating to see the integration of XRPL (XRP Ledger) into existing accounting systems, simplifying payments in the process. Incorporating such technology into accounting software like FrontAccounting could indeed revolutionize the way transactions are managed.
While XRPL offers fast and cost-effective payment solutions, it's also worth exploring the potential of incorporating other digital assets like usdt payment within accounting systems. USDT, being a stablecoin pegged to the value of the US dollar, could provide additional flexibility and stability in financial transactions.
Would you be interested in exploring the integration of USDT payments alongside XRPL in FrontAccounting? It could offer users a diverse range of payment options while streamlining accounting processes.
I'm interested in utilizing the existing stable coins on the XRPL, such as USD, EUR, GBP & AUDD. Not so much USDT as it would involve a lot more integration work than I am capable of. I think the XRPL in that regard is a lot easier to work with.
Cheers
Integrating crypto payments and receipts using ISO 20022 could definitely streamline a lot of processes. I've seen similar integrations in other accounting systems, and they've worked pretty smoothly. FrontAccounting could definitely benefit from this. It would make transactions more secure and efficient. Plus, it's always good to stay ahead of the curve with emerging technologies. I'll have to check out that video later to get a deeper understanding of how it's being implemented. Great find!
FrontAccounting forum → Wish List → Crypto Payment and Receipt Integration - ISO 20022
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