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A bookkeeper is an accounting term. The person who keeps the books, is someone who keeps a record of the expenses and income for a business. The bookkeeper records what is bought and sold, what money comes in and what goes out.
The bookkeeper usually works from the original record of each transaction, such as the sales receipt, the purchase order/receipt, and such. These records can be entries in the computer, cash register, or written records on paper.
The information is all arranged into a periodic account of the overall status of the business. The arrangement of the records is done on a ledger, or worksheet, and prepared on a daily, weekly, monthly, quarterly, and yearly.
In the earliest days of bookkeeping, the records were written on paper, called a ledger, and the pages were arranged in a chronological form in a book. This why they are called the books of the company.
In modern times, the pages are all prepared on the computer.
Wiki User
∙ 16y ago
Wiki User
∙ 13y agoBookkeeping is the recording of financial transactions. Transactions include sales, purchases, income, and payments by an individual or organization. Bookkeeping is usually performed by a bookkeeper. Bookkeeping should not be confused with accounting. ...
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Differentiate bookkeeping with accounting?
A bookkeeper keeps track of all daily transactions in a business and may do payroll. An accountant has a bachelors degree which a bookkeeper doesn't need. An accountant can usually perform end of year duties that a bookkeeper doesn't perform.
What is a Certified Bookkeeper?
A Certified Bookkeeper, is a designation provided by the American Institute of Professional Bookkeepers. AIPB (www.AIPB.org) defines a Certified Bookkeeper as the following: "A Certified Bookkeeper (CB) is to bookkeepers what a CPA is to accountants: the cream of the profession. A Certified Bookkeeper has passed a national examination at Sylvan-Prometric test centers and achieved a grade of at least 75% on each of five tests: # Adjusting entries # Error correction, including the bank reconciliation # Depreciation, book and tax, including passenger autos # Payroll # Inventory under the perpetual and periodic systems, including moving and weighted average, LIFO, FIFO and LCM costing. A Certified Bookkeeper has at least 3,000 hours' (two years') experience, and signed a code of ethics. A Certified Bookkeeper must earn an average 30 continuing professional education credits a year to maintain certification. A Certified Bookkeeper has met the highest national standards for bookkeepers in accounting, tax and payroll." In addition, this same Certified Bookkeeper program is provided through many continuing universities. There are other bookkeeper programs. However, the Certified Bookkeeper accreditation is governed solely by the American Institute of Professional Bookkeepers.
What do you call a person in charge of money in a shop?
Depends on the shop a little. They could be the bookkeeper, accountant, manager, or chief financial officer among others.
What the bookkeeper and administrative assistant have in common?
These are both office jobs that require attention to detail. The administrative assistant may do some bookkeeping and the bookkeeper may do some administrative assistant work.
What is the meaning for spate?
Spate is a large meaning or amount.
What is the meaning of the title CB after someones name?
certified bookkeeper
What English word has three consecutive duoble letters?
Bookkeeper.
What word has 3 consecutive double letters?
bookkeeper
What is the singular possessive form of bookkeeper?
bookkeeper's
How much does a bookkeeper get paid?
what is the salary of a bookkeeper.
What does this mean in Spanish tenedor?
You may be referring to a eating utensil - a fork. Or a tenedor de acciones meaning a shareholder. Or a tenedor de libros meaning a bookkeeper
When was The Bookkeeper's Wife created?
The Bookkeeper's Wife was created in 1916.
Use the word bookkeeper in a sentence?
My mom is the bookkeeper for the school
What is the duration of The Old Bookkeeper?
The duration of The Old Bookkeeper is 1020.0 seconds.
What is the hourly rate for a Bookkeeper?
The hourly rate for a bookkeeper will depend on the employer and the experience of the bookkeeper. A smaller firm might pay only a little above minimum wage for an entry level bookkeeper. A larger firm might pay $12 an hour or more to an experienced bookkeeper.
When was The Old Bookkeeper created?
The Old Bookkeeper was created on 1912-01-18.
How much does an average bookkeeper make hourly?
how much does the average bookkeeper make
