What is bookkeeping?  (Part 3)

Different types of organizations require different levels of bookkeeping: some may need accounts receivable and payable ledgers while smaller businesses only need journals and ledgers.

Regardless, all good bookkeepers must be well-organized; they must understand that their job is about more than simply making entries...

(...) It is also about providing information that can be used to make business decisions.

Today, bookkeeping is done on computers and most companies no longer require the services of a full-time professional.

Many employers outsource or employ part-timers so they don't have to pay for health insurance and other benefits only full-time employees receive.

However, there are still many organizations in which a dedicated bookkeeper is necessary;

(...) These include legal, medical, educational, political, and religious institutions.

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