Bookkeeping meaning

 FiltersThe definition of bookkeeping is keeping a detailed record of the business transactions for a person or business.

An example of bookkeeping is documenting monthly bank statements—keeping a systematic record of business transactions. Recording financial transactions and maintaining the financial records support a company’s financial statements. Bookkeeping is only one small part of accounting: the comprehensive examination of a company’s financial results. The practice or profession of recording the accounts and transactions of a business. Accounting: the skill or technique of keeping books or systematic records of financial transactions, e.g., income and expenses.