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- DictionaryRecord-keeping
noun
- 1. the activity or occupation of keeping records or accounts: "the exact numbers will never be known due to poor record-keeping"
The meaning of RECORDKEEPING is the act or practice of recording important information for future reference : the act of keeping records. How to use recordkeeping in a sentence.
Recordkeeping definition: the maintenance of a history of one's activities, as financial dealings, by entering data in ledgers or journals, putting documents in files, etc.. See examples of RECORDKEEPING used in a sentence.
noun [ U ] (also record-keeping) uk us. Add to word list. the activity of organizing and storing all the documents, files, invoices, etc. relating to a company's or organization's activities: Complaints about poor record keeping and alleged abuse have been building for more than a decade. detailed / careful record keeping.
Definition: One of the main parts of accounting is recordkeeping or bookkeeping. Recordkeeping is the process of recording transactions and events in an accounting system. Since the principles of accounting rely on accurate and thorough records, record keeping is the foundation accounting.
Apr 10, 2024 · Key Takeaways. Recordkeeping is a fundamental aspect of accounting that involves keeping a systematic record of monetary business transactions to determine the accurate picture of assets, liabilities, profits, losses, and other financial indicators.
5 days ago · noun. the act or process of creating and maintaining records; archiving. This simplifies tedious record-keeping and updates inventories. Collins English Dictionary. Copyright © HarperCollins Publishers. Examples of 'record-keeping' in a sentence. record-keeping.
5 days ago · noun. the act or process of creating and maintaining records; archiving. This simplifies tedious record-keeping and updates inventories. Collins English Dictionary. Copyright © HarperCollins Publishers.
