Scottsdale Business Bookkeeping

Bookkeeping services is an important process of any small business and other large size of outsourcing bookkeeping and accounting firm.

Bookkeeping is the recording of financial transactions. Transactions include sales, purchase, income and payments by an individual or organization. Bookkeeping is usually performed by a bookkeeper.

The accounting process is usually performed by an accountant. The accountant creates reports from the recorded financial transactions recorded by the bookkeeper. There are some common methods of bookkeeping such as the Single-entry bookkeeping system and the Double-entry bookkeeping system.

Accounting is the art of recording, summarizing, reporting, and analyzing financial transactions. An accounting system can be a simple, utilitarian check register, or, as with Microsoft Office Accounting, it can be a complete record of all the activities of a business, providing details of every aspect of the business, allowing the analysis of business trends, and providing insight into future prospects.

Bookkeeping titles vary based on the size of the business. The following list is just a sampling of titles held by bookkeepers:

o Accountants
o Auditing Clerks
o Financial Clerks
o Billing Clerks
o Cashiers
o Payroll Clerks
o Tellers

A Professional Bookkeeper, known as an accounting clerk or accounting technician, is a person who records the day-to-day financial transactions of an organization. A bookkeeper is usually responsible for writing up the "daybooks." The daybooks consist of purchase, sales, receipts and payments. The bookkeeper is responsible for ensuring all transactions are recorded in the correct daybook, suppliers ledger, customer ledger and general ledger. Financial Bookkeeping Services provide high skilled accountant with Professional Bookkeepers.