Bookkeeping is the recording of financial transactions

and is part of the process of accounting in business Transactions include purchases, sales, receipts and payments by an individual person or an organization/corporation.

affordable bookkeeping

There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these may be viewed as "real" bookkeeping, any process for recording financial transactions is a bookkeeping process. Bookkeeping is the work of a bookkeeper (or book-keeper),

who records the day-to-day financial transactions of a business. They usually write the daybooks (which contain records of sales, purchases, receipts, and payments), and document each financial transaction, whether cash or credit, into the correct daybook—that is, petty cash book, suppliers ledger, customer ledger, etc.—and the general ledger. Thereafter, an accountant can create financial reports from the information recorded by the bookkeeper.

 

 

E-mail me when people leave their comments –

You need to be a member of snardfarker to add comments!

Join snardfarker

Comments

  • Thank you for posting such a great article! I found your website perfect for my needs. It contains wonderful and helpful posts. I hope you continue to have such quality articles to share with everyone! maurices coupon

    Maurices Coupon, Up To $70 OFF!
    Use the maurices coupon to buy the best outfits of your choice. Low Rates. Limited Time Offer. 100% Verified.
This reply was deleted.