Bookkeeping!

Bookkeeping is a record of financial transactions and is part of corporate accounting treatment. Transactions include purchases, sales, receipts and payments made by individuals or organizations / companies. There are a few general accounting processes such as accounting for a single accounting system and input for a double accounting system, but if it can be considered as actual accounting, it implies a process including accounting records. 

Bookkeeping is usually done by an accountant. A custodian (or accountant) is a person who records the daily financial transactions of a business. He is often responsible for writing newspapers, including purchase, sales, receipts, payment records. Bookkeeper are responsible for ensuring that all transactions are recorded in the correct journal, supplier's supplier, customer support regardless of cash transactions or margin transactions and General Ledger Accountants are accountants' registered financial instruments Can be reported.

Bookkeeper can create income statements and balance sheets using test reports and accounting records created by accountants.

History:

Although the sources of Bookkeeping are lost in the dark, recent investigations have shown that one way to maintain an account is in front of time. Babylonian records are returned in 2600 BC. J.-C., written in the style of a small plate of clay. The term "garbage" is used in colonial America, which refers to accounting in the United States. The objective is to document daily transactions including revenue and expenses. It is recorded in chronological order, the purpose is only for temporary use. Everyday transactions are counted in one day's log or account, and the account balance is adjusted. The name "waste book" comes from the fact that when the waste data log is moved to the current log, the discarded book can be discarded.

Process:

The bookkeeping  process basically records the financial impact of the transaction. The difference between the manual and the electronic accounting system is the result of the initial separation of records of financial transactions and issuance to the relevant accounts. Delay in the absence of an electronic accounting system due to instant access to the relevant account is a financial transaction that is an essential feature of a manual system that provides important accounts such as cash registries, bank books, purchase books and books Record the immediate effect of.

In normal business, trading is done each time a transaction is made. Normally, sales and purchase will include an invoice or a receipt. Deposits will be made when funds are deposited in the bank account. The check (spelling checks in many countries including the UK) was written to pay money from the account. Bookkeeping  includes recording the details of all source documents in many newspapers (also called books in the first registry book). For example, all credit sales are recorded in the sales log. All cash payments will be recorded in the cash payment log. Each line in the log usually corresponds to an account. In a single entry system, each transaction is saved only once. Most people balancing their check books monthly use this system and most personal finance software follows this approach.

After a certain period, usually one month, each column increases in each column, and a summary of that time is provided. With dual entry rules, these magazine summaries are transferred to their respective books or accounts. For example, sales log entries are taken and you can enter credit entries in the "Class 2 widget sale" account, where each customer's account is debited (confirming that the customer is paying now) ( It shows that this activity produced revenue for us). A summary or process of transferring individual ledger transactions appears. Once the investment process is completed, the account used in the T format will be affected by the prognosis.