A-Z Popular Blog Management Search »
Management
 Advertisements
Related Guides

What is Bookkeeping?

 , updated on April 25, 2017
Bookkeeping is the practice of recording day-to-day financial transactions such as purchases, sales and payroll. Transactions are typically recorded in chronological order in a document known as a journal. This is used as a source for accounting processes such as preparing financial statements.
Overview: Bookkeeping
AreaAccounting
Definition The practice of recording financial transactions.
ValueA basic source document for accounting processes. Required as per the first general rule of accounting that states that all transactions are recorded.
Related ConceptsDouble-Entry Bookkeeping

Financial Management

This is the complete list of articles we have written about financial management.
Baseline
Budget
Budget Control
Budget Risk
Business Costs
Capex
Budget Planning
Conflict Of Interest
Cost Contingency
Cost Control
Cost Escalation
Capital Budgeting
Cost Management
Compliance
Cost Overrun
Business Ethics
Contingency Budget
Financial Controls
Contract Risk
Financial Risk
Operating Expenses
Opex
Refinancing Risk
Risk Management
Governance
Management Controls
Reputational Risk
More ...
If you enjoyed this page, please consider bookmarking Simplicable.
 

Financial Management

An overview of financial management with examples.

Financial Controls

A definition of financial controls with a few examples.

Cost Management

A definition of cost management with examples.

Management Controls

The common types of management control.

Capital Expenditures

The definition of capital expenditure with examples.

Examples of Current Assets

A list of the common types of current asset.

Financial Freedom

An overview the common types of financial freedom.

Business Costs

A list of common types of business cost.

Cost Escalation

A definition of cost escalation with an example.

Cost Reduction Examples

Common examples of cost reduction.

Cost Estimates

The common types of cost estimate.

Relevant Cost

A definition of relevant cost with examples.

Cost Structure

Detailed examples of how to map out the cost structure of a business.

Cost Competition

The definition of cost competition with examples.

Cost Goals

An overview of cost goals with examples.
The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map