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Bookkeeping is the systematic recording, organizing, and managing of financial transactions within a business. In this process, transactions such as sales, purchases, receipts, and payments are meticulously documented and categorized. Accuratebookkeeping is crucial for monitoring the financial health of a business, tracking income and expenses, and preparing financial statements. By maintaining up-to-date and organized records, bookkeeping provides valuable insights into a business's financial performance, aiding in decision-making and planning for future growth. Whether done manually or with the assistance of software, effective bookkeeping ensures compliance with tax laws and regulations while facilitating smooth financial operations.
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Bangladesh
