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How does Bookkeeping differ from Accounting?
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Innehåll tillhandahållet av Bookkeeping Centrum. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Bookkeeping Centrum eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
Bookkeeping in a business firm is an important, but preliminary, function to the actual accounting function.
A bookkeeper collects the documentation for each financial transaction, records the transactions in the accounting journal, classifies each transaction as one or more debits and one or more credits, and organizes the transactions according to the firm's chart of account.
The financial transactions are all recorded, but they have to be summarized at the end of specific time periods. Some firms require quarterly reports. Other smaller firms may require reports only at the end of the year in preparation for doing taxes.
At the end of the appropriate time period, the accountant takes over and analyzes, reviews, interprets and reports financial information for the business firm.
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