Tangihua Technology of Onerahi, Whangarei, may just be a one-man band, but the accountancy software company claims 60 customers and interest in its latest product from Spain and Canada.
Managing director David Merttens first became involved in computing when mainframes ruled the roost, as a chartered accountant working for Unilever in the late 60s.
His accounting work led him to software development and reselling, 15 years ago giving rise to add-on products for an electronic publishing system called Guide, which he says operated like intranets do today. “Guide was the first type of text product in the world. It used a graphical user interface for Macs and Microsoft Windows,” says Merttens.
Ten years ago, Tangihua published a GST tax manual that was linked to an electronic version of the Goods and Services Tax Act. The 1992 version of this manual included the first GST calculator that is still used, he claims.
Eventually, pressure from existing clients, which he says include “well-known large firms, whom he cannot name for privacy reasons”, has led to the latest third version, just released.
TAC is for business people, financial planners, auditors, accounting staff and other users wanting to quickly calculate tax, says Merttens. It allows the checking of invoices, discounts and margins, plus allocation of tax and costs between private and business expenditure.
It’s been released in the US and Merttens hopes for worldwide sales, offering 30-day trials from his www.nzguide.co.nz website.