Definition of Bookkeeping | Business Transaction Recording

Accounting Definitions

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Bookkeeping Definition

Term Definition
Bookkeeping is the process of recording your business’s transactions.

Extended Definition
Bookkeeping is an essential part of your accounting process. Record all your business’s transactions and separate them into categories. The categories are your accounts. You can use the cash or accrual method to keep your books.

Related Article
Bookkeeping for Your Small Business

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