what is bookkeeping?

Bookkeeping is the practice of tracking where money 1. comes from and 2. where it’s going.

Easy? For a professional, yes.

If you are your own bookkeeper, I commend you. Just be aware of common confusions: assets VS expenses, profit vs sitting cash, industry rules, and payroll and tax compliance.

My two pieces of advice? Do NOT fall behind and do NOT mix personal and business.