|1 December 2017||9am - 12pm|
|MaGIC Sarawak @ Borneo 744 View map|
Bookkeeping is the recording, on a day-to-day basis, of the financial transactions and information pertaining to a business. It ensures that records of the individual financial transactions are correct, up-to-date and comprehensive. Accuracy is therefore vital to the process.
Bookkeeping provides the information from which accounts are prepared. It is a distinct process, that occurs within the broader scope of accounting. Each transaction, whether it is a question of purchase or sale, must be recorded. There are usually set structures in place for bookkeeping that are called ‘quality controls’, which help ensure timely and accurate records.
Learn about basic bookkeeping productivity tools from Afiq Radzuan, a qualified accountant, and entrepreneur, and say goodbye to tedious books and ledgers when adapting to the cloud-based accounting system.
Bookkeeping is the systematic recording and organizing of financial transactions in a company and monitors your cash flow effectively.