- the process of recording business transactions in the accounting records
* * *bookkeeping UK US (also book-keeping) /ˈbʊkˌkiːpɪŋ/ noun [U] ACCOUNTING► the activity of keeping records of all the money a company spends and receives: »
The company said many of the problems arose from insufficient controls over its bookkeeping.»
Auditors uncovered 53 bookkeeping errors.
Financial and business terms. 2012.
Look at other dictionaries:
Bookkeeping — is the recording of financial transactions. Transactions include sales, purchases, income, receipts and payments by an individual or organization. Bookkeeping is usually performed by a bookkeeper. Bookkeeping should not be confused with… … Wikipedia
Bookkeeping — Book keep ing, n. 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… … The Collaborative International Dictionary of English
bookkeeping — index accounting, computation, registration Burton s Legal Thesaurus. William C. Burton. 2006 bookkeeping … Law dictionary
bookkeeping — ► NOUN ▪ the activity of keeping records of financial affairs … English terms dictionary
bookkeeping — [book′kēp΄iŋ] n. the work of keeping a systematic record of business transactions bookkeeper n … English World dictionary
bookkeeping — bookkeeper, n. /book kee ping/, n. the work or skill of keeping account books or systematic records of money transactions (distinguished from accounting). [1680 90; BOOK + KEEPING] * * * Recording of the money values of business transactions.… … Universalium
bookkeeping — n. 1) to do the bookkeeping 2) double entry; single entry bookkeeping * * * [ bʊkˌkiːpɪŋ] single entry bookkeeping double entry to do the bookkeeping … Combinatory dictionary
bookkeeping — noun ADJECTIVE ▪ double entry VERB + BOOKKEEPING ▪ do ▪ I run the hotel and do the bookkeeping. BOOKKEEPING + NOUN ▪ entry … Collocations dictionary
bookkeeping — noun the activity of recording business transactions • Syn: ↑clerking • Derivationally related forms: ↑clerk (for: ↑clerking) • Members of this Topic: ↑posting … Useful english dictionary
bookkeeping — [[t]b ʊkkiːpɪŋ[/t]] also book keeping N UNCOUNT Bookkeeping is the job or activity of keeping an accurate record of the money that is spent and received by a business or other organization … English dictionary