Do you know, after writing 3400+ contents, why am I writing the simple meaning of book-keeper when there are lots of accounting complex terms like present value, IRR, consolidated balance sheet, and rules which I can write today. So, before telling the meaning of bookkeeper.
(A) I told, you in your and my life. Never under-estimate small accounting words. Single word can change your life.
(D) Do you know John D. Rockefeller he started his career as assistant book keeper. He understood this book keeper meaning practically. He earned maximum $ 58 as book keeper and this knowledge helped him to biggest oil company in USA and becoming richest person of USA in 1916 because he did not under estimate the value of book keeping and book keeper work.
(E) Here, our Accounting Education university aim is also to make you rich, to make rich your company, to make strong our accounting students and employees through our sharing of accounting knowledge. I am in this mission since 2008. From my this efforts, if a single person achieved their dream, I feel happy.
Ok, know understand the meaning of Bookkeeper.
Bookerkeeper is the person who records own or his boss's business transactions. He collects all the bills, invoices, evidence documents and on this basis, he records daily all the transactions of business and events of business. He records expenses, he records incomes, he records purchase and sales, he records tax transactions.
He prepare daily journal by passing journal entries. Bookkeeper works as assistant for accountant. Accountant makes income statements and balance sheet on the records by book keeper. Bookkeeper gives the trial balance to accountant and accountant completes the final process of accounting.
Main aim of bookkeeper is to help accountant to track the performance of business and financial position of business. In the age of 16 by doing this practical duty of assistant bookkeeper, John D. Rockefeller became CA and started his business at the age of 20 when students of India are doing B.Com. He used his assistant bookkeeper skill in business for tracking the performance of his oil business. On this basis, he checked which product or service is best and on this basis, he caught new opportunity to grow his business and in end his growth of wealth has increased upto 1st billionaire of USA in 1916
So, learn this if you are student. Do honest duty of bookkeeper if you have job. Track performance and financial position for becoming own boss in your business and catch opportunity in the business. No one can stop your success. Thanks.
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