Bookkeeping

Bookkeeping is the systematic process of recording, organizing, and maintaining financial transactions for a business or organization. It involves tracking income, expenses, assets, and liabilities to ensure accurate financial records. This foundational practice supports accounting, tax compliance, and financial decision-making.

Also known as: Financial record-keeping, Transaction recording, Ledger maintenance, Accounting basics, Book-keeping

Why learn Bookkeeping?

Developers should learn bookkeeping when building financial software, accounting tools, or business applications that handle transactions, as it provides essential context for data modeling and compliance. It's also valuable for freelancers or startup founders to manage their own finances effectively, ensuring proper invoicing, expense tracking, and tax reporting.

Learning Resources

• tutorial: Bookkeeping Basics Explained
• tutorial: QuickBooks Online Tutorial for Beginners
• course: Bookkeeping Fundamentals on Coursera
• docs: Double-Entry Bookkeeping Explained