Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation.

Taking into consideration the volatile dynamics of our global economic system, it has become a precondition for every business to maintain its financial records in a systematic manner to know the company growth, profit or loss or productivity, worth and many other things. Today, across the world, many companies outsource its accounting system to outsourcing companies. The main objective of those companies are to reduce their operating cost in maintain account system, focus on core activities, security of data etc.