Thursday, December 29, 2011

What is bookkeeping?

Bookkeeping involves the recording, storing and retrieving of
financial transactions for a company, nonprofit organization,
individual, etc. Common financial transactions and tasks that are
involved in bookkeeping include: Billing for goods sold or services
provided to clients. Recording receipts from customers. Verifying
and recording invoices from suppliers. Paying suppliers. Processing
employees pay and the related

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