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Accounting vs. Bookkeeping – What’s the Difference?

Accounting vs. Bookkeeping – What’s the Difference?

In this post, we are going to highlight the difference between bookkeeping and accounting. Essentially, bookkeeping is the process of recording the financial transactions of your business. Accounting, on the other hand, is the process of interpretation, analysis, and classification of the recorded information. It logically follows, then, that the two financial terms are interconnected. …

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