What is Bookeeping ?

What is Bookeeping ?

Posted on July 12, 2019 in Firm News

⇢Importance of Bookkeeping⇠

What is Bookkeeping?

noun – [b oo k-kee-ping]:  The work or skill of keeping account books or systematic records of money transactions (distinguished from accounting). dictionary.com

Key Components of Bookkeeping:

• Recording Financial Transactions
• Posting Debits and Credits
• Producing Invoices

Bookkeeping Helps Keep a Clear Picture of Your Company’s Financial Health!

• Is your business organized?
• Are you in control of your cash in & out?
• Are you making money? $$$$$$

When bookkeeping is done correctly these questions will give you the answers you need.

Bookkeeping makes problem-solving easier!