There are different types of bookkeeping methods available, and choosing the right one for your business can be a challenging task. In this article, we will discuss the three primary bookkeeping methods: single- entry bookkeeping, double-entry bookkeeping, and computerized bookkeeping.

Challenges bookkeepers face Most people would say that the work of a bookkeeper is hard. In addition to having basic bookkeeping education, one should be familiar with laws. Frequent changes in the legislation further complicate this work.

Here's an easy way to think about it—bookkeepers lay the groundwork by recording financial transactions so that accountants can analyze financial statements and provide strategic recommendations.