1. Bookkeeping - is the process of recording all financial transaction of business. It includes payments, income generated, sales offered for product and services and receipts. A bookkeeper who can be and account records all transactions trough day book journal.
2. Payroll - Pertains to records of payments issued by the employer to the employee who rendered services.
3. Tax - Is a financial obligation imposed by a government upon an organization and individual person. Paid by money or services through a government agency.
4. Quickbooks - An accounting software developed by intuit for use by an individual or business owners.
5. Peachtree - Accounting software developed by the British company Sage group.
6. Accountancy - It is professional field of study and practice of keeping, summarizing and studying records of all financial transactions made by an individual, organization or company. It's services are rendered by an individual person or an organization such as of
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A FEW TERMS ON ACCOUNTING
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