Bookkeeping

Bookkeeping Terminology

Basic Bookkeeping

The 8 Bookkeeping Basics Every Bookkeeper Should Know What is Bookkeeping? Bookkeeping is the process of documenting,  categorising and tabulating a company’s financial transactions. These include purchases, sales, receipts and payments by the company. It can include billing,  the collection of money, payments, payroll and more. This process assures that all the financial transactions of

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Bookkeeping Terminology

The Basics of Bookkeeping

The Basics of Bookkeeping : Terminology Defined Accounts Payable; The accounts payable serves as a ledger that keeps track of all the obligations your organisation has to pay to parties. These can include suppliers, banks, government entities or any other entities from whom you have borrowed money. For example if you have a mortgage, with

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