ledgerThe basic system of double entry bookkeeping was invented more than five hundred years ago by a Cistercian monk Luca Pacioli and the system is still used today.

It is commonly referred to as keeping the books and is a process of keeping full, up to date financial transactions of your business. The process can be done manually or by using accountancy software.

Transactions include sales, purchases, receipts and payments ensuring that they are recorded correctly in the day books, supplier’s ledger, customer’s ledger and general ledger. This enables us to bring your records up to trial balance.

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