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Bookkeeping is recording all financial transactions of a business digitally.
What is Bookkeeping: Bookkeeping is recording all financial transactions of a business digitally.
What is bookkeeping is used for: It presents an overview of how the business is doing. Bookkeeping includes tasks such as invoicing and expenses.
Where does it help: This helps in preparation of tax returns. This also help monitoring key performance indicators.
How do I keep my records: There is a range of commercial software who helps keeping your records digitally and helps in tax returns.
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