Bookkeeping Meaning in English
word
Definition
The process of recording all the money that comes in and goes out of a business or organization, keeping track of financial transactions.
Usage & Nuances
'Bookkeeping' is used mainly in business and finance. It is less formal than 'accounting', which can include more analysis and reporting. Common phrases: 'double-entry bookkeeping,' 'manual bookkeeping,' 'bookkeeping services.' It always refers to recording, not interpreting, financial data.
Example Sentences
Bookkeeping is important for all companies.
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He studies bookkeeping at college.
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The company hired a new bookkeeping service.
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I'm terrible at bookkeeping, so I let my accountant handle it.
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With modern software, bookkeeping isn't as hard as it used to be.
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Accurate bookkeeping can save a business from lots of trouble.
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