Do you do your own bookkeeping? Do you really know what you are doing? Firstly, what is bookkeeping? Bookkeeping is the process of keeping complete, accurate and up to date financial records. Bookkeeping keeps track of accounts receivable (incoming money) and accounts payable (outgoing money). So many financial transactions can be mind boggling! -_- Here's just a few; invoicing, statements, employees pay rates, payroll, PAYG Withholding, superannuation, GST, AIS, bank reconc