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Bookkeeping

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The Difference between Bookkeeping and Accountancy

Most people use the terms bookkeeping and accountancy interchangeably. Even though both terminologies are important for businesses, there is a vast difference between the two. Bookkeeping is part of accounting and records all the daily cash and credit transactions in a systematic order. It includes all the sales, purchases, [...]

By |2020-02-20T21:35:25+08:00November 5th, 2019|Bookkeeping, Guides|0 Comments

What is Bookkeeping?

To fully understand what bookkeeping is, you need to know the principles of accounting. Bookkeeping deals with recording the daily financial transactions of a business entity. This includes all sales, purchases, receipts and payments that occur in a business. Businesses often enlist the services of a professional bookkeeper to [...]

By |2020-02-20T21:20:38+08:00October 29th, 2019|Bookkeeping, Guides|0 Comments