Browsing All Posts published on »February, 2015«

Bookkeeping vs Credit Reporting

February 20, 2015

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{2:58 minutes to read} Credit reporting, which is your credit reputation in print, is much different than bookkeeping, and each has a much different purpose. Bookkeeping tracks how much is owed on one account, and when it will be resolved. When it is resolved the ‘book’ is closed. Credit reporting tracks payment behavior, and shows […]