Bookkeeping vs. Recordkeeping: What's the Difference?
Bookkeeping and Recordkeeping Definitions
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