book keeping

Recording business transactions

Book keeping is the activity of recording business transactions or other events that have an effect on the finances of an organization.

Book keeping is done in a systematic way so that the records can be easily accessed and so that they will be useful for reporting purposes.

Book keeping may also include the recording of other information that is related to finances, such as orders, inventories, or lists of creditors.

Related

audit · trial balance · reconciliation · invoice · transaction · debit · journal · tax preparer · credit · QuickBooks · single-entry · double-entry · fiscal year · tax season · profit and loss statement · bank statement · petty cash · receipt

Opposites
financial record-keeping vs. verification

book keepingauditing

Examining records for accuracy

external audit · forensic accounting · due diligence · financial analysis · strategic planning

order vs. disorder in records

book keepingcooking the books

Manipulating financial statements illegally

disorganization · mismanagement · financial fraud · creative accounting · embezzlement

financial tracking vs. spending/dissipation

book keepingsquandering

Reckless depletion of resources

profligacy · wastefulness

Family

book, keeping, books, booked, booking, bookish, booklet, ebook, textbook

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G