könyvelni

Könyvelni is a Hungarian verb that translates to "to bookkeep" or "to account" in English. It refers to the process of systematically recording, classifying, and summarizing financial transactions for a business or individual. This involves keeping track of income, expenses, assets, and liabilities.

The primary purpose of könyvelni is to provide a clear and accurate picture of an entity's financial health. This information is crucial for various stakeholders, including business owners, investors, creditors, and tax authorities. By maintaining proper records, individuals and businesses can make informed financial decisions, ensure compliance with legal and tax obligations, and detect potential financial irregularities.

The act of könyvelni can be performed manually or with the aid of accounting software. It encompasses a range of activities, such as invoicing, processing payments, managing payroll, and preparing financial statements like the balance sheet and income statement. In a professional context, individuals who perform this task are often referred to as könyvelők, or bookkeepers/accountants. The principles and practices of könyvelni are guided by accounting standards and regulations.