Bookkeeping and Accounting – how important is it for your business?

By on May 7, 2020

Bookkeeping and Accounting

Though Bookkeeping and Accounting seem to be synonyms for a single operation, they are actually two interrelated different tasks essentially to be performed in a business entity. Whilst Bookkeeping is primarily aiming to record the business transactions in the Books of Accounts, Accounting on the other hand is to analyze the recorded data and derive the financial information aiding the decision-making.

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Bookkeeping and Accounting – how important is it for your business?

By on May 6, 2020

Bookkeeping and Accounting

Though Bookkeeping and Accounting seem to be synonyms for a single operation, they are actually two interrelated different tasks essentially to be performed in a business entity. Whilst Bookkeeping is primarily aiming to record the business transactions in the Books of Accounts, Accounting on the other hand is to analyze the recorded data and derive the financial information aiding the decision-making.

read more →

Bookkeeping and Accounting – how important is it for your business?

By on May 6, 2020

Bookkeeping and Accounting

Though Bookkeeping and Accounting seem to be synonyms for a single operation, they are actually two interrelated different tasks essentially to be performed in a business entity. Whilst Bookkeeping is primarily aiming to record the business transactions in the Books of Accounts, Accounting on the other hand is to analyze the recorded data and derive the financial information aiding the decision-making.

read more →