// Our Blog

For the uninitiated, bookkeeping refers to the recording of the financial transactions of any business establishment. These transactions could typically comprise:

Sales
Purchases
Income and,
Expenses (or payments made by the business)

In many organisations, a bookkeeper handles all the bookkeeping activities of the business. Also known as an accounting clerk or an accounting technician, this individual records the day-to-day financial transactions of the business enterprise. The duties of a bookkeeper involve recording all the transactions in the correct daybook, supplier ledger, general ledger and the customer ledger.

In many large organisations, the bookkeeping responsibilities could rest with several individuals instead of with one or two bookkeepers. Thus, even the following individuals could be responsible for handling an assortment of bookkeeping responsibilities in a large organisation:

Accountants
Financial Clerks
Payroll Clerks
Billing Clerks
Auditing Clerks and,
Cashiers (or tellers)