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 ?
Those healthy balance books and mid-table sustainability (or the top eight if you are lucky), seem to be the height of United's ambition.
Gordon tells us the economy is sound but his pre-Budget statement revealed he's to borrow pounds 10bn more than expected to balance books. Relations with Tony were said to be strained at times.Tony's the moderniser; Gordon's the traditional left- winger.
Mr McGrath added customers shouldn't have to fill the hole in the banks' balance books made by tracker mortgages.
Let's get rid of Coun Whitby and the Lib Dems before thousands more lose their jobs under a council that can't add up or balance books.
When the government pumped tens of billions of pounds into the banking system earlier this year there was an expectation that once their balance books had been firmed up, they would pass on this largesse to the consumer.
For too long, people living in small rural and urban communities have been punished in an attempt to balance books and secure votes and it is no longer acceptable.
Managers of all departments are taking action to balance books.
Councils across Merseyside and Cheshire will now have to trawl through their balance books and look at their spending plans to decide how they can marry the two.
In Bradford, the council says cuts of pounds 31million are needed to balance books - about 600 job losses are expected.
Despite 70 per cent of hospitals, primary care trusts and other services scoring extremely well where the balance books are concerned, the actual quality patients receive on the wards is a very different story.
As the recession tightens its icy fingers around the neck of the business community, companies study their balance books with increasing trepidation.