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.
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.
At the end of the day we have to balance books and I don't want 30 odd players.
Yesterday health secretary Patricia Hewitt warned PCT chiefs who had kept in budget may be asked to help bail out those struggling to balance books.
We require our receptionist to look after a busy till and be able to balance books at the end of the night.
Newry last week effectively placed their entire playing staff on the transfer list in a bid to balance books.
At the end of the day we have to balance books and I don't want 30 odd players, especially with the situation with substitutes, which is very difficult to leave people out.
Real are expected sell Dutch midfield star Clarence Seedorf for around pounds 10million to help balance books.
But bad management had left some of them struggling with massive job cuts, and many NHS trusts have imposed a recruitment freeze because of the struggle to balance books, she said.
Amid the dreams, though, came the harsh realities of having to balance books and offload players.
The NHS Operating Framework plan outlined by NHS chief executive David Nicholson yesterday said the service needed to balance books this financial year and go on to create pounds 250 million in 2007/08.