What does bookkeeping mean?

Definitions for bookkeeping
ˈbʊkˌki pɪŋbook·keep·ing

Here are all the possible meanings and translations of the word bookkeeping.

Princeton's WordNet

  1. bookkeeping, clerking(noun)

    the activity of recording business transactions

Wiktionary

  1. bookkeeping(Noun)

    Accounting: the skill or practice of keeping books or systematic records of financial transactions, e.g. income and expenses.

Webster Dictionary

  1. Bookkeeping(noun)

    the art of recording pecuniary or business transactions in a regular and systematic manner, so as to show their relation to each other, and the state of the business in which they occur; the art of keeping accounts. The books commonly used are a daybook, cashbook, journal, and ledger. See Daybook, Cashbook, Journal, and Ledger

Freebase

  1. Bookkeeping

    Bookkeeping in the context of a business is simply the recording of financial transactions. Transactions include purchases, sales, receipts and payments by an individual or organization. Many individuals mistakenly consider bookkeeping and accounting to be the same thing. This confusion is understandable because the accounting process includes the bookkeeping function, but is just one part of the accounting process. The accountant creates reports from the recorded financial transactions recorded by the bookkeeper and files forms with government agencies. There are some common methods of bookkeeping such as the single-entry bookkeeping system and the double-entry bookkeeping system. But while these systems may be seen as "real" bookkeeping, any process that involves the recording of financial transactions is a bookkeeping process. Bookkeeping is usually performed by a bookkeeper. A bookkeeper, also known as an accounting clerk or accounting technician, is a person who records the day-to-day financial transactions of an organization. A bookkeeper is usually responsible for writing the "daybooks". The daybooks consist of purchases, sales, receipts, and payments. The bookkeeper is responsible for ensuring all transactions are recorded in the correct day book, suppliers ledger, customer ledger and general ledger.

How to pronounce bookkeeping?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say bookkeeping in sign language?

  1. bookkeeping

Numerology

  1. Chaldean Numerology

    The numerical value of bookkeeping in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of bookkeeping in Pythagorean Numerology is: 2

Examples of bookkeeping in a Sentence

  1. Orrin Hatch:

    We can now begin the process of improving basic bookkeeping in the territory and end the opacity and lack of transparency in their finances.

  2. Michael Bivona:

    Having retired from the accounting profession and the computer enhancement industry, [I know] there is a shortage of qualified people to perform bookkeeping-computer work and that the wages and flexible time schedules can be very attractive for part-timers.In many instances the work can be performed at home for those who have computers and prefer being in a quiet environment.

  3. Richard Evelyn Byrd, Sr.:

    A hand from Washington will be stretched out and placed upon every man’s business; the eye of the Federal inspector will be in every man’s counting house. The law will of necessity have inquisitorial features, it will provide penalties. It will create a complicated machinery. Under it businessmen will be hauled into courts distant from their homes. Heavy fines imposed by distant and unfamiliar tribunals will constantly menace the taxpayer. An army of Federal inspectors, spies and detectives will descend upon the state. They will compel men of business to show their books and disclose the secrets of their affairs. They will dictate forms of bookkeeping. They will require statements and affidavits. On the one hand the inspector can blackmail the taxpayer and on the other, he can profit by selling his secret to his competitor.

Images & Illustrations of bookkeeping

  1. bookkeepingbookkeepingbookkeepingbookkeepingbookkeeping

Popularity rank by frequency of use

bookkeeping#10000#20838#100000

Translations for bookkeeping

From our Multilingual Translation Dictionary

Get even more translations for bookkeeping »

Translation

Find a translation for the bookkeeping definition in other languages:

Select another language:

  • - Select -
  • Chinese - Simplified 简体中文 (Chinese - Simplified)
  • Chinese - Traditional 繁體中文 (Chinese - Traditional)
  • Spanish Español (Spanish)
  • Esperanto Esperanto (Esperanto)
  • Japanese 日本語 (Japanese)
  • Portuguese Português (Portuguese)
  • German Deutsch (German)
  • Arabic العربية (Arabic)
  • French Français (French)
  • Russian Русский (Russian)
  • Kannada ಕನ್ನಡ (Kannada)
  • Korean 한국어 (Korean)
  • Hebrew עברית (Hebrew)
  • Ukrainian Український (Ukrainian)
  • Urdu اردو (Urdu)
  • Hungarian Magyar (Hungarian)
  • Hindi मानक हिन्दी (Hindi)
  • Indonesian Indonesia (Indonesian)
  • Italian Italiano (Italian)
  • Tamil தமிழ் (Tamil)
  • Turkish Türkçe (Turkish)
  • Telugu తెలుగు (Telugu)
  • Thai ภาษาไทย (Thai)
  • Vietnamese Tiếng Việt (Vietnamese)
  • Czech Čeština (Czech)
  • Polish Polski (Polish)
  • Indonesian Bahasa Indonesia (Indonesian)
  • Romanian Românește (Romanian)
  • Dutch Nederlands (Dutch)
  • Greek Ελληνικά (Greek)
  • Latin Latinum (Latin)
  • Swedish Svenska (Swedish)
  • Danish Dansk (Danish)
  • Finnish Suomi (Finnish)
  • Persian فارسی (Persian)
  • Yiddish ייִדיש (Yiddish)
  • Armenian հայերեն (Armenian)
  • Norwegian Norsk (Norwegian)
  • English English (English)

Discuss these bookkeeping definitions with the community:

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"bookkeeping." Definitions.net. STANDS4 LLC, 2019. Web. 5 Dec. 2019. <https://www.definitions.net/definition/bookkeeping>.

Are we missing a good definition for bookkeeping? Don't keep it to yourself...

Free, no signup required:

Add to Chrome

Get instant definitions for any word that hits you anywhere on the web!

Free, no signup required:

Add to Firefox

Get instant definitions for any word that hits you anywhere on the web!

Nearby & related entries:

Alternative searches for bookkeeping:

Thanks for your vote! We truly appreciate your support.