Accounting is involved in the recording, analysing, classifying and interpreting of the financial affairs of a business. Accounting is a science that is involved in the recording, monitoring and assessment ...
Bookkeeping- is the tedious part of the financial affairs of a business. It involves the systematic recording of the amounts, dates and sources of each revenue and expense transaction ...
Keeping track of how your business is going is not difficult if you have in place a basic system. Your bookkeeping and accounting system share the same two basic objectives ...
The simple definition of bookkeeping is that – “it is the practice involved in the recording of transactions affecting the operation of a business”. Bookkeeping involves a system which records the transactions ...