
BOOKKEEPING
Saudi Arabia
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Bookkeeping involves the systematic recording, classifying, and organizing of financial transactions for an organization. Its primary function is to maintain accurate and up-to-date financia
• Preparing all the journal entries to be posted on ERP.\n• Preparing all the company’s official books (i.e., General Ledger, TB, Fixed Assets Register, Etc.)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRecording Transactions: Logging daily financial transactions such as sales, expenses, and receipts.\nClassifying Entries: Categorizing transactions into appropriate accounts (e.g., assets, liabilities, income, and expenses).\nReconciling Accounts: Ensuring that records match bank statements and other financial documents to identify and correct discrepancies.\n\nPurpose:\n\nBookkeeping provides essential financial data that helps in tracking the financial health of a business, facilitating budgeting and financial planning, and ensuring compliance with accounting standards and tax regulations.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n