What does 'Bookkeeping' mean?

Bookkeeping is the process of recording, organizing, and managing financial transactions of a business or individual. It is an essential aspect of any organization, as it helps in tracking and analyzing the financial health of the company. Bookkeeping involves recording all financial activities, including purchases, sales, receipts, and payments. It also includes maintaining accurate records of assets, liabilities, and equity. One of the key features of bookkeeping software is its ability to automate the process of recording and organizing financial transactions. This