Bookkeeping refers to the systematic storing of financial documentation and recording of daily financial transactions. Bookkeepers record journal entries for each transaction using accounting software. They also may be responsible for sending invoices, processing payments and payroll, conducting banking activities, and reconciling accounts. The records maintained by the bookkeeper are used to generate historic and prospective financial statements. These reports provide financial insights that help management and external stakeholders evaluate financial performance. Contact us to help you set up and maintain a reliable system of reporting financial transactions in an accurate, timely manner.