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Bookkeeping is the process of recording, storing, and retrieving financial transactions for a business, individual, or non-profit. Bookkeeping skills are used to generate the flow of information for other roles like accountants, auditors, financial analysts, and tax managers, thus opening various career paths. According to the Bureau of Labor Statistics, roughly 1.7 million bookkeeping, accounting, and auditing clerks were employed in the United States as of 2023. Learning bookkeeping is crucial because it equips individuals with essential skills for accurate financial record-keeping, which is vital for businesses to operate efficiently. It ensures the business's financial health, streamlines audits, and improves decision-making transparency.