Many companies in Zambia provide book keeping services to businesses, relieving business owners so they can focus on their own core operations. The book keeping activity involves preparing and updating source documents primarily for transactions, but it can also cover operations and other events of a business. A double entry system is usually adopted.
Book keeping has previously been a manual activity, with daybooks, petty cash books, journals, ledgers etc. However it is now largely carried out electronically. Various accounting software is available. Typically, these are still modelled on the double-entry book keeping system.
Financial statements, presented to shareholders and financial institutions, can be prepared from the cumulative accounts that result from book keeping activities.
Find Zambian companies here that offer book keeping services.