What is Bookkeeping ? Bookkeeping-Recording of business transaction as per prescribed law and on accrual basis, Financial Analysis and Results of business based on BookKeeping (accurate and systematic recording of transactions help business to overcome from-fraudulent activities, cash embezzlement, theft and stolen of information and data, provide - true reporting, true financial statement, assist businessman to know actual financial position of business, without proper BookKeeping-Accounting cannot be done, if done then it is window dressing of information i.e. not for business it is for making stakeholders stupid. Bookkeeping involves the recording, on a regular basis, of a company’s financial transactions. With proper bookkeeping, companies are able to track all information on its books to make key operating, investing, and financing decisions. Bookkeepers are individuals who manage all financial data for companies. Without bookkeepers, companies would not be aware of their cur...