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Bookkeeping

Bookkeeping is the systematic recording and organising of financial transactions in a company. Starting and maintaining solid, professional accounting practices is essential for the growth of a business. Make sure yours are in order with Debitoor. Bookkeeping is the recording, on a day-to-day basis, of the financial transactions and information pertaining to a business. It ensures that records of the individual financial transactions are correct, up-to-date and comprehensive. Accuracy is therefore vital to the process. Bookkeeping provides the information from which accounts are prepared. It is a distinct process, that occurs within the broader scope of accounting. Each transaction, whether it is a question of purchase or sale, must be recorded. There are usually set structures in place for bookkeeping that are called ‘quality controls’, which help ensure timely and accurate records.




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