Bookkeeping in accounting refers to the regular documentation of all financial transactions and related activities in a business. It usually involves a professional keeping track of day-to-day business operations and recording them for future references. Typically, the financial documents include receipts of purchases, sales, and payments. Bookkeeping differs from accounting in that the former provides the basis for financial insights for the latter.
If you want to build a career in bookkeeping or have an interest in getting along with the concept, these guides are for you. Whether it is accounting for sales discounts, balance sheet reconciliation, or single entry system in accounting, here we have covered everything. Also, there are detailed descriptions on complex subjects like embezzlement, double-entry accounting system, imprest system, expense accounting, and reconciliation statement.
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