Bookkeeping Service For Beginners | Versatile Accounting LLP
Bookkeeping is the process of recording each transaction of a business from start to finish. It is keeping track of each financial transaction from the very opening of a business until its closing. Bookkeepers record each financial transaction with proof that it happened such as keeping a receipt, an invoice, or a purchase order.
Bookkeepers differ from accounting in that bookkeeping is the initial process of keeping track of financial transactions in a business. However, those transactions are yet to be collated and summarized into a report so that a business can make decisions based on them. This is the Accounting process.
If you are looking for a good bookkeeper it’s important to ask about the needs and goals of your business and to know the scope of work a bookkeeper could do. Not all bookkeepers are created equal. Some are specialists and some are generalists. If you are interested to know how bookkeeping can help you with your business, go to versatlieaccounting.ca
