Bookkeeping
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The act of recording and monitoring a company's financial transactions is known as bookkeeping.
Traditionally, bookkeeping has been used to describe the ongoing maintenance of a company’s financial records. In the past, bookkeepers did nothing more than acquire and review the data used to create accounts. However, as their responsibilities have grown over time, bookkeeping now necessitates extensive knowledge and training in finance and business administration, in addition to tax and other rules that businesses must abide by.