What is Bookkeeping

Bookkeeping is the process of recording, organizing, and managing a business’s daily financial transactions. It involves tracking sales, expenses, and payments, ensuring that every financial activity is accurately documented and categorized. 

Beyond just maintaining records, bookkeeping plays a key role in financial reporting by creating organized, up-to-date data that serves as the foundation for a company’s financial story. 

This data feeds directly into the preparation of financial statements and reports, giving businesses a clear view of their financial health and helping them make informed financial decisions.