Bookkeeping

Bookkeeping is concerned with the process of keeping full, accurate, up-to-date business records. Proper bookkeeping can help businesses effectively manage their cash flow, stay abreast of profits and losses, and develop plans for the future based on financial trends. Furthermore, accurate bookkeeping is required by both auditors and for tax returns purposes

These days the title "Bookkeeper" is a pretty generic job description. The duties and responsibilities of a bookkeeper can vary significantly from one company to the next, depending on factors such as the size of the business and how duties are distributed among employees. Regardless of the company however, most bookkeepers handle the fundamental aspects of a firm's financial record-keeping.