Book Keeping
Fragment of a discussion from Talk:Ipyet/Book Keeping
Dear fellow participants
As the name implies, bookkeeping is keeping a record (in a print or electronic form) of all transactions pertaining to a business. In fact, the importance of bookkeeping cannot be overlaboured, because the success or failure of any entrepreneurship venture is a fuction of how well records have been kept. In fact failure to keep record of transactions of a business is a recipi for business failure.