| Book-keeping | Accounting |
| 1. It is an art of recording money transaction in a set of books. | It is a process of designing the system of records of books of a/cs. |
| 2. It is a mechanical and routine Work. | It requires specialised knowledge and creative ability. |
| 3. Book-keeper is a clerk. | Accountant is a professionalist. |
| 4. Book-keeping creates a data base. | It process the finacial data and finds results and conclusion. |
| 5. It helps to know from whose money due and to whom due. | With the help of only book- keeeping management can't take decision and correct action cannot be possible. |
