Bookkeeping is something that you either have to learn or outsource when you're running a business. Luckily, it's possible to learn how to manage your own books and there are a few notable benefits to tackling it yourself.

Self-taught bookkeepers use a variety of courses, seminars, books, and other online resources to learn about bookkeeping and accounting. You can also learn how to use accounting software, like QuickBooks, which can teach you about the basics of bookkeeping as well as the technology used by many businesses.

So it's totally possible to do your own accounting, the tools are relatively basic and commonly available, and online learning resources abound. But is it worth it? What are the benefits to doing your own business bookkeeping and accounting other than simply because you can?

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.