What is the Difference Between "Bookkeeping" & "Accounting?"

-The accounting process involves recording, interpreting, analyzing, reporting, and summarizing financial data.

-Bookkeeping is the process of recording financial transactions.

-Bookkeepers handle the recording part of the accounting process. Accountants handle all parts of the accounting process.

Bookkeeping the first step to record the financial  transctions and  with part of accounting system , while accounting cover all the company activites including purchases, payments,receipts and elc.....

BOOKKEEPING IS A PART OF ACCOUNTING SYSTEM.

Bookkeeping and accounting are both relevant tool in communicating the financial activity, performance and condition of a business entity.

1. Bookkeeping represents a process of recording actual transactions of a business.it prepares necessary financial information for accounting. It is a technical (i.e. mechanical, manual) aspect of recording, classifying, and summarizing a transaction.
2. Accounting is a more complex concept that means reflection of the results of transactions according to the principles. It's includes the following stages, 1. Recording; 2. Classifying; 3. Summarizing; and 4. Interpreting accounting data.

 book keeping is the proper and systematic maintenance of the books of accounts. It includes identifying accounting transaction. Initial record, preparation of ledger accounts and trial balance where as accounting is book keeping plus summarizing and interpreting business transactions of financial nature. Accounting at present is accepted as information system and decision making activity. 

Bookeeping is the process of recording in chronological order, the daily transaction of a business entity. it forms part of the accounting information system. On the other hand Accounting is an information system includes the process of recording,classifying,summarizing,reporting,analyzing and interpreting the financial condition and performance of a business in order to communicate it to stakeholders for business decision making.

Bookkeeping involves the process of recording financial transactions while accounting involves the summarizing, interpretation and reporting of these financial transactions through financial statements

-The accounting process involves recording, interpreting, reporting, and summarizing financial data.

-Bookkeeping is the process of recording financial transactions.

-Bookkeepers handle the recording part of the accounting process. Accountants handle all parts of the accounting process.

There is very big different in accounting and bookkeeping.

Bookkeeping is the process of recording, in chronological order, the daily transactions of a business entity. It forms part of the accounting information system.

Accounting is an information system – includes the process of recording, classifying, summarizing, reporting, analyzing and interpreting the financial condition and performance of a business – in order to communicate it to stakeholders for business decision making

In book keeping you need to preserve books from damage while in accounting you need to maintain the record of accounts.

Bookkeeping is single entry system & Accounting in double entry system record transaction on both side