What is bookkeeping and what are the benefits of bookkeeping

What is bookkeeping and what are its benefits?

Bookkeeping is the process of recording and categorizing financial transactions to track the performance of a business. Bookkeepers often use accounting software to automate the process and reduce the risk of error. The benefits of bookkeeping include providing accurate financial information, detecting fraud, and reducing the cost of tax compliance. Accurate financial information is essential …

What is bookkeeping and what are its benefits? Read More »