The objective of Book-keeping is to maintain records of business transactions. Accounting aims at maintaining business records, calculation of business income, and depiction of financial Position and communication of business results.
The function of Book-is to record business transactions. The function of Accounting is recording, classifying, summarizing interpreting the business transactions and communicating the results.
Book-keeping has a limited scope. Accounting has wider scope.
For book-keeping, elementary knowledge of accounting rules is enough. In accounting, advance and in depth understanding is required.
For recording business transactions, vouchers and other supporting documents are prepared. Book-keeping serves the basis for accounting information.