Call Us : +91-9512347365, Accounting and Bookkeeping means recording of financial transactions with proper manner related with business operation of entity known as bookkeeping. There is difference between the two terms of bookkeeping and accounting. Bookkeeping and accounting are different from each other. Bookkeeping and accounting are different from each other. Accounting is broader than bookkeeping. It includes design of accounting systems which bookkeepers use for preparation of financial statements, cost studies and audits.