Definition of Bookkeeping | Business Transaction Recording

Accounting Definitions

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Bookkeeping Definition

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

Bookkeeping 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.

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Last Updated By

Andrew Freiman | Mar 01, 2023

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