Bookkeeping

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Related to Book-keeping: Double entry bookkeeping

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 ?
This study seeks to overcome this lack of attention by describing the background and content of Station Book-keeping and elucidating its role in shaping accounting practice within a major Australian industry.
Lewis, por su parte, en el tratado The Quick and Easy Method of Teaching Book-keeping .
Finally, the related book-keeping requirements, likewise, clash with Article III:2, first sentence, of GATT 1994.
It's hard to believe the classic Book-keeping & Acocunting For The Small Business: How To Keep The Books And Maintain Financial Control Over Your Business is now in its 7th revised, updated edition: its new incarnation and updated details will continue to appeal to modern readers, whether they be sole proprietors, partners, or limited corporations.
Yesterday, the club said that following Mr Rice's removal as lotto organiser, the book-keeping "discrepancies" ended.
Feelgood, a Swedish healthcare company, was reportedly nearly thrown out from the Stockholm Stock Exchange after it was found that there were shortcomings in the company's book-keeping, forecasts and information handling.
Crain compares this pedagogic approach to merchants' book-keeping, ringing in a rather dull and static portrait by John Singleton Copley as an example of "relentless enumerating and stacking of visual elements.
The new release is aimed at reducing the time needed for the accounts preparation process by importing accounts data from the Sage Line 50 book-keeping programme in to accounting programmes such as Sage, Iris, Solution 6 and VT.
BUSINESS Connect Swansea will be holding free seminars for small businesses in Wales, on topics including self employment, advertising & promotion, business book-keeping, employing people and a 3-day business planning course.
As the gates of the jail near Washington clanged shut last night, it was revealed that Tyson is set to sign up for a course in book-keeping.
The ATO decided to assist them by producing a free, easy-to-use book-keeping system that can be run on a computer (either Windows or Macintosh) by novice users.