Bookkeeping Categories are a set of financial accounts that businesses use to record their transactions and track progress in areas such as revenue, expenses, assets and liabilities. These categories also provide a means of organizing data so that it can easily be analyzed and reported on. They allow businesses to measure their success, plan for the future, and make informed decisions. Categorizing your bookkeeping correctly is essential for businesses looking to ensure accuracy and maintain positive cash flow. Bookkeeping Categories provide a great way to stay organized and get an overview of the financial health of your business.