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Too many people make the mistake of thinking that bookkeeping and accounting are the same profession. Bookkeepers are often mistaken for accountants, and vice versa. The truth is that both professions have similar principles, but they are different in their educational requirements, job descriptions, and the types of employment that they can seek.What exactly is bookkeeping?
Bookkeeping is simply the process of recording financial transactions for a business. Bookkeeping is a subfield of accounting, which deals with the processing of all types of financial information.What is Bank bookkeeping?
Bank bookkeeping is a process of recording and classifying the transactions of a bank. It should not be confused with the law of banking, nor with bank statistics, bank arithmetic or auditing; further, a presentation of bank bookkeeping in principle is not a discussion of bank operation.