Bookkeeping


Also found in: Dictionary, Thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia.

Bookkeeping

The process of systematically and methodically recording the financial accounts and transactions of an entity.

Double-entry bookkeeping is an accounting system that requires that for every financial transaction there must be a debit and a credit. When merchandise is sold for cost, there is a debit to cash and a credit to sales.

See: accounting, computation, registration
References in periodicals archive ?
JB Partners is a Brisbane bookkeeping service provider located in Bayside.
He also assists in areas such as small business entity selection, bookkeeping needs, and IRS letters.
I believe it was his son, Guidobaldo, to whom you dedicated your famous Summa in which the bookkeeping model was contained.
The method provides a playful introduction to the different steps of the double-entry bookkeeping process and helps learners consolidate their knowledge.
record keeping or bookkeeping is understood as the recording of transactions of a taxpayer or business in books of account.
We've been fortunate to have someone in the dub who is an accountant and can stay on top of things and keep up with the bookkeeping.
Call Desk Bookkeeping services include setting up charts of accounts and general ledgers, data entry, managing accounts payable and accounts receivable, account reconciliations, payroll processing, and monthly financial reporting.
Accounting and bookkeeping practices are smaller establishments that furnish accounting, auditing, bookkeeping and tax services.
The New Jersey-based bookkeeping services company will showcase their standardized processes, procedures and new technology to small, mid-size and fast growing businesses.
About The Roper Group Inc: The Roper Group is a woman-owned and operated bookkeeping and QuickBooks training company that works with small businesses around the country.
Mount Real provides Lakefield Marketing Corporation with bookkeeping and accounting services.
Part Two: "Curing the Bookkeeping Headache: Financial Tips and Tricks for Amazon Sellers"