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Bookkeeping is an important part of the accounting process. It involves the recording, classifying, and summarizing of financial transactions. Bookkeeping is used to create financial statements, which are used to assess the financial health of a business. Bookkeepers are responsible for ensuring that all financial transactions are accurately recorded and reported.
The bookkeeping market is highly competitive, with many companies offering services to businesses of all sizes. These services include bookkeeping, payroll, accounts payable, accounts receivable, and financial statement preparation. Many bookkeeping companies also offer additional services such as tax preparation, budgeting, and financial analysis.
Bookkeeping companies typically offer a variety of pricing models, including hourly, monthly, and annual fees. Many companies also offer discounts for bulk orders or long-term contracts.
Some companies in the bookkeeping market include Intuit, Xero, FreshBooks, Wave, and QuickBooks. Show Less Read more