Bookkeeping
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Bookkeeping is the record of financial transactions that occur in business daily or any time so as to have a proper and accurate financial report.
Portrait of the Italian Luca Pacioli, painted by Jacopo de' Barbari, 1495, (Museo di Capodimonte). Pacioli is regarded as the Father of Accounting.
Accounting
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Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. Accounting measures the results of an organi
Bookkeeping
…any time so as to have a proper and accurate financial report. Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. It involves preparing source documents for all transactions, operations, and other events of a business. Transactions…
Early 19th-century ledger