Building a Micro-multinational accounting system?

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Posted by Lawrence Sinclair on 02 Oct 2009 at 14:06

I'm thinking of building a Ruby on Rails based micro-multinational accounting system. It's the last thing I want to do, but it seems like nothing else free or paid out there is adequate.

Currently, we make do with Intuit Quickbooks Pro. Compared to the alternatives, it is a pleasure to use, and makes accounting rather easy. But it has a number of fundamental failings from our perspective, and I can't find an alternative that addresses them.
Missing Essentials
(1) multi-users with appropriate permissions
(2) remote access from anywhere
(3) dealing with multiple currencies
(4) ability to create custom features and interfaces to deal with special regulations, processes and access to information for other related systems (like analysis and reporting).
(5) can be hosted on a remote...