Understanding the concept of
bookkeeping
Bookkeeping and its relationship to accounting
Bookkeeping can be seen as the art of recording the financial operations of any project or
establishment in its books and extracting its results in accordance with the principles of
accounting, that is, the art of recording various physical transactions, according to the
systems drawn by accounting, in general, the accounting process includes three things:

1. Identify and analyze events and transactions.
2. Recording, tabulating and summarizing financial events and transactions
   (bookkeeping).
3. Financial reporting.
   Thus, the bookkeeper is the person entrusted with the implementation of methods and
   procedures in accordance with the rules and guidelines set by the accountant, and his role in
   accounting is an executive role.
   Accounting: The process of recording and analyzing financial data and interpreting its results
   and preparing these results in the form of financial reports to benefit economic decision
   makers in making their best decisions, while bookkeeping is limited to recording financial
   statements only. From the previous definitions, the definition of accounting is more general
   and comprehensive than the definition of bookkeeping.
   Forms of bookkeeping
   Bookkeeping is usually done in two forms: the manual form of documents, files and books,
   and the manual bookkeeping system. The electronic form is the use of the computer to carry
   out bookkeeping activity. In this case, it is called the electronic bookkeeping system. It
   should be noted here that the stages of the bookkeeping system do not affect the stages or
   operations of the data carried out by the system, meaning that there is no change or change
   in these stages nor the rules or principles and concepts governing the operation during these
   stages, The electronic system to integrate some processes and not cancel them, the stage of
   registration and deportation may be carried out in one process in the electronic system,
   while in a separate manner in the manual system, and the shift from the use of manual
   system to the electronic system is only to take advantage of technological development in
   the completion of stages of operation With the aim of speed, accuracy and reduced
   operating cost.
   Accounting data cycle
   We have already explained that there are two basic bookkeeping systems, which are
   distinguished by the means used. Since the bookkeeping system was previously on the
   electronic system, so its art is more detailed in terms of procedures and steps, thus, the
   accountant’s understanding of the manual system is an indispensable necessity.

The manual bookkeeping system works through the completion of a number of stages or
steps, which are referred to as the cycle of operating accounting data. This course is divided
into the following stages:

1. Create data
2. Data recording
3. Data processing
4. Reports preparation
5. Data connection
6. Data storage