Bookkeeping is a necessary and highly important financial service offered by our accounting firm. It involves business valuation and recording of all transactions which take place within the business.
As there may be several accounts owned by the company, it is also essential to determine which account each transaction affects. The accountant or bookkeeper valuates these transactions while making records.
Bookkeeping is crucial to every business as none can operate successfully without keeping a record of all its financial transactions. Nevertheless, not every bookkeeper needs to be an accountant by profession.