Take online bookkeeping courses from top schools and institutions. Learn the fundamentals of bookkeeping today for small, medium, and large size businesses. Enroll today!
What is Bookkeeping?
Bookkeeping is the practice of recording, storing, retrieving, keeping, and analyzing the financial records of a company. Common bookkeeping duties include recording receipts, paying suppliers, monitoring accounts receivable, providing financial reports, billing services provided to clients, and so much more.
What's the Difference Between a Bookkeeper and Accountant?
The terms between bookkeeping and accounting are interchangeable to a degree, but there is a difference between both that you should know about. Bookkeeping is the recording of financial transactions, whereas accounting is more complex, including creating a general ledger and financial statements, classifying transactions, creating and managing a budget, filing taxes, and instituting financial controls.
Bookkeeping Online Courses
The AIPB certificate, or American Institute of Professional Bookkeepers, is a professional certificate bookkeepers can obtain to show their professional expertise. If you are interested in obtaining this certification, you can take a course through edX that can help launch your career or give you a better understanding of how bookkeeping works. Taking a bookkeeping course can help expose you to the principles used in bookkeeping such as basic accounting, providing financial reports, monitoring accounts receivable, and more.