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Bookkeeping services refer to the recording of the financial transactions in context of the business applications. Such financial transactions include sales, purchases, receipts, & the payments which are done by an individual or organization. As a significant part of the accounting process, bookkeepers record the financial transactions so to assist the accountants in making the business records.
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The Accounting Process: Overview for Beginners to Learn the Accounting Cycle
Primary functions of any product costing system are: accumulating production costs and (ii) assigning those costs to the products being manufactured.Product costs are need for planning, cost-control, decision making and reporting to both.