![]() If you are a beginner in bookkeeping and want to learn at a very basic level, we suggest you start with the basic bookkeeping books. As mentioned earlier, all the books are worth reading and highly useful. Conclusionīookkeeping is something that requires basic accounting knowledge. One of the best bookkeeping books, you will ever read. It keeps a record of all the financial activities within an organization. This book is directed at small businesses showing them the importance of a bookkeeping system. It says, “you do not know how well your business is doing unless you record it”. This book shows a relationship between bankruptcy and bookkeeping. Accounting uses that information to generate financial reports and official statements. We can say Bookkeeping provides a base for accounting by providing the necessary information. There are similarities between the two, but they are two different processes having their importance. Most people confuse themselves with Bookkeeping and accounting. The person who stores all the financial data of a company in the books is known as the Bookkeeper. It also helps in making various investment and financial decisions. Bookkeeping helps companies to regulate and keep a track of all the information on their books. It includes financial details of a business, individual, company, or even a non-profit organization. What is the basic role of a Bookkeeper?īookkeeping is the process of recording a company’s financial transactions on a regular basis. What is the basic difference between Bookkeeping and Accounting?
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