Keyword Analysis & Research: bookkeeping definition


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What is bookkeeping, and why is it important?

Bookkeeping is important in any business because it is where the relevant financial data are recorded and kept. Bookkeeping ensures that all business transactions are accurately and completely recorded in the accounting books.

What are the responsibilities of a bookkeeper?

Bookkeeper Responsibilities. Include: Recording day to day financial transactions and completing the posting process. Verifying that transactions are recorded in the correct day book, suppliers ledger, customer ledger and general ledger. Bringing the books to the trial balance stage.

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