what is difference between book keeping and accounting
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in the simplest of terms, bookkeeping is responsible for the recording of financial transactions whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and. summarizing
the financial data.. Bookkeeping and accounting may appear to be the same proffesion to an untrained eye
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bookkeeping is all about recording and organising financial data while accounting take that data to prepare reports and get them ready for HMRC
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