Bookkeeping Definition | Business Transaction Recording

Accounting Definitions

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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.

Related Article
What Is Bookkeeping? The Truth Is in the Numbers | Patriot Software

Last Updated By

Andrew Freiman | Mar 01, 2023

Back to Top