Bookkeeping

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Bookkeeping

The practice or profession of recording transactions. That is, bookkeeping involves maintaining financial records, noting expenses or revenue, and determining how much one owes or is owed. It is related to, but distinct from, accounting. While accountants create reports based on financial information, bookkeepers record the information itself.
References in periodicals archive ?
Other occupations with projected large job losses in the declining industries, but which will have even greater job gains in growing industries, include all other helpers, laborers, and material movers, hand; freight, stock, and material movers, hand; blue-collar worker supervisors; bookeeping, accounting, and auditing clerks; general office clerks; janitors and cleaners; general managers and top executives; sheet metal workers and duct installers; and gardeners and groundskeepers, except farm.
The formal nature of establishments in the ML-segment as compared to those in the SS-segment is directly perceived from the higher percentage of registration (ESTREG) and use of bookeeping records (ESTREC).
Keywords: general, accounting, outsourcing, FAO, finance, administration, F&A, accounts, payable, general, ledger, sales, fixed, assets, receivable, billing, payroll, benefits, vendor, collections, cash, reconciliation, analysis, bookeeping, taxation, business, process, BPO, audit, statement, depreciation, P&L