⇢Importance
of Bookkeeping⇠
What is Bookkeeping?
noun - [boo k-kee-ping]
The work or skill of keeping account books or systematic records of money transactions (distinguished
from accounting). dictionary.com
Key Components of Bookkeeping:
- Recording
Financial Transactions
- Posting
Debits and Credits
- Producing
Invoices
Bookkeeping
Helps Keep a Clear Picture of Your Company's Financial Health!
- Is
your business organized?
- Are
you in control of your cash in & out?
- Are
you making Money? $$$$$$
When bookkeeping
is done correctly these questions will give you the answers you need.
Bookkeeping
makes problem solving easier!
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