Bookkeeping…we’ve all heard of it, but what exactly is it? In simple terms, bookkeeping is defined as creating and maintaining the financial records and reports of a business. In short, bookkeepers take care of all the mundane tasks that are required to keep a business’ financial information in order. This includes making entries of financial transactions like accounts payable and receivable, payroll amounts, and petty expenditures. But it doesn’t end there.

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