bookkeeping
/ˈbʊkˌkiːpɪŋ/ · book·keep·ing
noun
- The skill or practice of keeping books or systematic records of financial transactions, e.g. income and expenses. The company's accountant was skilled in bookkeeping and helped the business stay financially stable.
- General tasks for maintaining a system. The IT department is responsible for bookkeeping of the company's computer network.
verb
- To do bookkeeping. The accountant will bookkeep the company's financial records at the end of the month.
Synonyms
accountingrecord-keepinghousekeepingaccountancyfinancial managementbook-keepingkeeping booksfinancial record-keeping
Antonyms
Did you know? The term 'bookkeeping' has been in use since the 15th century, and its practice has evolved significantly over the centuries, from manual record-keeping to modern computerized accounting systems.