Bookkeeping vs. Recordkeeping: What's the Difference?

The practice or profession of recording the accounts and transactions of a business.

The creation, collection and management of records, especially of a business or governmental nature.

(accounting) The skill or practice of keeping books or systematic records of financial transactions, e.g. income and expenses.

(computing) General tasks for maintaining a system.

Present participle of bookkeep

The art of recording pecuniary or business transactions in a regular and systematic manner, so as to show their relation to each other, and the state of the business in which they occur; the art of keeping accounts. The books commonly used are a daybook, cashbook, journal, and ledger. See Daybook, Cashbook, Journal, and Ledger.

The activity of recording business transactions