Put simply; if Bookkeeping were currency, its practices and methods would be the bloodline of every successful business. However, bookkeeping is a vital function of a legitimate business. Bookkeeping and payroll can also indicate how successful a business is; if the business is making a huge profit, you may want to reinvest the profit into the business. But what exactly is bookkeeping and how can it profit your business? Bookkeeping, in its present-day form, was first practiced in 1494 by