This is a very interesting thread.
Charge-discharge was the "normal" accounting system in mediaeval times. It was a single entry system , whereby a "debtor" , say the land steward of a lord, was "charged" with producing a revenue - usually the produce and rents of the estate. The "debtor" (the term wasn't used, I have applied it anachronistically) discharged himself by showing the disbursements he had made. So if the steward was supposed to collect 1000 marks, he could produce an account showing that he paid out on the lord's behalf 300 marks ofr this or that , and rendering the other 700. There was provision for the use of fictitious entities to cover losses , shortfalls etc.
One interesting aspect of it, is that the accounts were not necessarily currency based.
So the "charge" might be 500 marks, 50 hens, 2 barrels of wine and a dozen sheep.
The steward would discharge his account by producing tallies from the lord's house steward for 49 hens , 2 barrels of wine and a dozen sheep, proof of 100 marks given in alms to his Lord's account, an assertion of one hen, dead of disease, and rendering of 400 marks in coin. The tallies from the house steward would then be reckoned against his stubs. And the 49 hens, 2 barrels, and 12 sheep would then become a charge into the house stewards account. To be discharged by him in his turn.
As to when double entry came along, Edwards in his "History of Financial Accounting" (Can you believe that someone actually wrote a history of it!) gives a probable date of 14C to 15C in Italy. Like most things it didn't happen all at once, and charge-discharge was still the accounting system of English Universities in the mid 19C
One thought. The ancient Greeks managed a pretty sophisticated mathematical understanding without a zero. Including the use of pi.
Once the lord agreed the discharge of the account, he would write 'Quietus' across it the account was 'silent', closed. Hence "with a bare bodkin his own quietus make".
I think Venice and Florence came quite close to it.
Seems like you know a lot about that: What exactly is the charge/discharge system?
Anyway, without knowing the details, I am quite convinced that, say, Pisan and Lübeckian bookkeeping in the 15th century were looking quite differ
Charge-discharge was the "normal" accounting system in mediaeval times. It was a single entry system , whereby a "debtor" , say the land steward of a lord, was "charged" with producing a revenue - usually the produce and rents of the estate. The "debtor" (the term wasn't used, I have applied it anachronistically) discharged himself by showing the disbursements he had made. So if the steward was supposed to collect 1000 marks, he could produce an account showing that he paid out on the lord's behalf 300 marks ofr this or that , and rendering the other 700. There was provision for the use of fictitious entities to cover losses , shortfalls etc.
One interesting aspect of it, is that the accounts were not necessarily currency based.
So the "charge" might be 500 marks, 50 hens, 2 barrels of wine and a dozen sheep.
The steward would discharge his account by producing tallies from the lord's house steward for 49 hens , 2 barrels of wine and a dozen sheep, proof of 100 marks given in alms to his Lord's account, an assertion of one hen, dead of disease, and rendering of 400 marks in coin. The tallies from the house steward would then be reckoned against his stubs. And the 49 hens, 2 barrels, and 12 sheep would then become a charge into the house stewards account. To be discharged by him in his turn.
As to when double entry came along, Edwards in his "History of Financial Accounting" (Can you believe that someone actually wrote a history of it!) gives a probable date of 14C to 15C in Italy. Like most things it didn't happen all at once, and charge-discharge was still the accounting system of English Universities in the mid 19C
One thought. The ancient Greeks managed a pretty sophisticated mathematical understanding without a zero. Including the use of pi.
Once the lord agreed the discharge of the account, he would write 'Quietus' across it the account was 'silent', closed. Hence "with a bare bodkin his own quietus make".