Bookkeeping

Bookkeeping is the process of recording, organizing, and maintaining a company's financial transactions. It involves tracking income, expenses, sales, purchases, and payments to ensure that financial records are accurate and up to date. Effective bookkeeping helps businesses monitor their financial health, prepare financial reports, comply with tax requirements, and make informed business decisions. As a fundamental part of accounting, bookkeeping provides the financial data needed for budgeting, planning, and overall business success.