Bookkeeping is the recording of financial transactions. Transactions include sales, purchases, income, receipts and payments by an individual or organization. Bookkeeping is usually performed by a bookkeeper. Many individuals mistakenly consider bookkeeping and accounting to be the same thing. This confusion is understandable because the accounting process includes the bookkeeping function, but is just one part of the accounting process. The accountant creates reports from the recorded financial transactions recorded by the bookkeeper and files forms with government agencies. There are some common methods of bookkeeping such as the single-entry bookkeeping system and thedouble-entry bookkeeping system. But while these systems may be seen as "real" bookkeeping, any process that involves the recording of financial transactions is a bookkeeping process.

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A bookkeeper also requires the proper classification of transactions and events. This is also defined in relation to the needs of the budget. Book-keeper may be responsible for storing all the information for work or just a small part such as the position of the accounts of clients the services of the shop. A significant part of the bookkeeper work is a typographical error and is increasingly accomplished through the use of mechanical and electronic. Records are based on a careful and efficient accounting system.