Bookkeeping
noun
The process of recording the money earned, spent, or owed by a business or person.
Without proper bookkeeping, it would be hard for a business to track its financial progress.
Often appears as...
- accurate bookkeeping
- digital bookkeeping
Usage tips
Technical
noun
The process of recording the money earned, spent, or owed by a business or person.
Without proper bookkeeping, it would be hard for a business to track its financial progress.
Often appears as...
- accurate bookkeeping
- digital bookkeeping
Usage tips
Technical
Definition 1 of 1
Pro Tip 1/3Business Necessity
Bookkeeping is crucial for businesses to manage finances and comply with laws.
Her small business flourished because of meticulous bookkeeping.
Pro Tip 2/3Beyond Recording
Bookkeeping also involves organizing and summarizing financial transactions, not just recording them.
Good bookkeeping provides a clear financial picture at year-end.
Pro Tip 3/3Digital Tools
Today, digital bookkeeping uses software for efficient financial tracking and analysis.
Using digital bookkeeping, she completed the audit in no time.
Pro Tip 1/3Business Necessity
Bookkeeping is crucial for businesses to manage finances and comply with laws.
Her small business flourished because of meticulous bookkeeping.
Pro Tip 2/3Beyond Recording
Bookkeeping also involves organizing and summarizing financial transactions, not just recording them.
Good bookkeeping provides a clear financial picture at year-end.
Pro Tip 3/3Digital Tools
Today, digital bookkeeping uses software for efficient financial tracking and analysis.
Using digital bookkeeping, she completed the audit in no time.
Pro Tip 1/3Business Necessity
Bookkeeping is crucial for businesses to manage finances and comply with laws.
Her small business flourished because of meticulous bookkeeping.
Pro Tip 2/3Beyond Recording
Bookkeeping also involves organizing and summarizing financial transactions, not just recording them.
Good bookkeeping provides a clear financial picture at year-end.
Pro Tip 3/3Digital Tools
Today, digital bookkeeping uses software for efficient financial tracking and analysis.
Using digital bookkeeping, she completed the audit in no time.
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Video examples
The secret to being a...
Early on, I was a junior financial planner, and my job was to help people manage their wealth. But my salary was so low that I started riding my bike to work to save money on gas, and I started a garden to save money on food. Now I run a bookkeeping agency
Video examples
The secret to being a...
Early on, I was a junior financial planner, and my job was to help people manage their wealth. But my salary was so low that I started riding my bike to work to save money on gas, and I started a garden to save money on food. Now I run a bookkeeping agency
Example 1 of 1
Quote examples
David Autor
American Economist
The last 200 years, we've had an incredible amount of automation. We have tractors that do the work that horses and people used to do on farms. We don't dig ditches by hand anymore. We don't pound tools out of wrought iron. We don't do bookkeeping with books! But this has not, in net, reduced the amount of employment.
Quote examples
Cliff Shaw
American Scientist
To devise an information processing system capable of getting along on its own - it must handle its own problems of programming, bookkeeping, communication and coordination with its users. It must appear to its users as a single, integrated personality.
Quote examples
Howard Rheingold
American Critic
Markets are as old as the crossroads. But capitalism, as we know it, is only a few hundred years old, enabled by cooperative arrangements and technologies, such as the joint-stock ownership company, shared liability insurance, double-entry bookkeeping.
Quote examples
Ian Poulter
English Athlete
I cleaned up everything behind the scenes and simplified my life. I made some changes in my staff. I changed management, my accountants, my bookkeeping team. I had a full refresh. For me that was extremely important.
Quote examples
Kathy Szeliga
American Politician
I realized I couldn't raise two kids, coach soccer, be on the PTA, teach full time, and do all the administrative bookkeeping. I do need to sleep four or five hours a day.
Quote examples
Max Keiser
American Journalist
Bitcoin represents the first major breakthrough in economics and finance since double-entry bookkeeping was invented in 1494, and activists need to embrace its power.
Quote examples
Amber Liu
Taiwanese Musician
I do my taxes. I do my own bookkeeping. I pay rent.
Quote examples
David Autor
American Economist
The last 200 years, we've had an incredible amount of automation. We have tractors that do the work that horses and people used to do on farms. We don't dig ditches by hand anymore. We don't pound tools out of wrought iron. We don't do bookkeeping with books! But this has not, in net, reduced the amount of employment.
Quote examples
Cliff Shaw
American Scientist
To devise an information processing system capable of getting along on its own - it must handle its own problems of programming, bookkeeping, communication and coordination with its users. It must appear to its users as a single, integrated personality.
Quote examples
Howard Rheingold
American Critic
Markets are as old as the crossroads. But capitalism, as we know it, is only a few hundred years old, enabled by cooperative arrangements and technologies, such as the joint-stock ownership company, shared liability insurance, double-entry bookkeeping.
Quote examples
Ian Poulter
English Athlete
I cleaned up everything behind the scenes and simplified my life. I made some changes in my staff. I changed management, my accountants, my bookkeeping team. I had a full refresh. For me that was extremely important.
Quote examples
Kathy Szeliga
American Politician
I realized I couldn't raise two kids, coach soccer, be on the PTA, teach full time, and do all the administrative bookkeeping. I do need to sleep four or five hours a day.
Quote examples
Max Keiser
American Journalist
Bitcoin represents the first major breakthrough in economics and finance since double-entry bookkeeping was invented in 1494, and activists need to embrace its power.
Quote examples
Amber Liu
Taiwanese Musician
I do my taxes. I do my own bookkeeping. I pay rent.
Example 1 of 7
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