Skip to content

accounting

Uses of Record Keeping and Accounting

Many financial firms, aside from competitive employees, consider bookkeeping and accounting to be the system that makes for smooth business operations. Sadly, some firms tend to confuse the two terms that later reflect mismanagement in the business’s finance area. For a quick differentiation, bookkeeping is responsible for recording all documents about its business operation and financial transactions. Accounting is about… Read More »Uses of Record Keeping and Accounting