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 […]
Why bother with bookkeeping? Are you running a business? Do you know the importance of bookkeeping? Yes, I am sure about the importance of accounting and do not want to mess that up. Therefore, you are looking for someone to do your bookkeeping. Hiring someone is a good idea if you […]
The difference between Bookkeeping & Accounting When a business is set up and running, two types of staff will perform accounting functions. The one doing the day-to-day transactions and posting to the ledgers will be a bookkeeper. A business cannot run accounting functions only with a bookkeeper and needs an accountant. […]