Bookkeeping and accounting are closely related but serve different purposes in managing a business’s financial information. Bookkeeping focuses on the day-to-day recording of financial transactions, such as sales, purchases, receipts, and payments.
Bookkeeping and accounting are closely related but serve different purposes in managing a business’s financial information. Bookkeeping focuses on the day-to-day recording of financial transactions, such as sales, purchases, receipts, and payments.