What is Accounting and Bookkeeping?

 Bookkeeping involves recording financial transactions, such as purchases and sales, in an organized and accurate manner. Accounting involves analyzing and interpreting financial data, and generating reports to help business owners make informed decisions. Both functions require attention to detail, accuracy, and adherence to accounting principles and regulations. Utilizing experienced professionals or automated software can help ensure proper bookkeeping and accounting, allowing businesses to stay financially healthy and make informed decisions to achieve their goals.