Accounting is the language of business or to put it another way, accounting is the art of 1) analyzing, 2) reviewing, 3) interpreting, 4) recording, and 5) summarizing financial information. Knowledge of accounting principles allows you to understand the position of the business.

Book-keeping on the other hand is a subset of accounting. Book-keeping primarily deals with 1) recording and 2) classifying business transactions from source documents such as sales receipts, invoices, bills, expenses into a usable form using journal entries that provides financial information about a business. Because book-keeping is a subset of accounting in that it deals with the “recording” of transactions it often creates confusion between what is accounting vs book-keeping. Now that you know the difference, you can educate others. 

Each time you code a transaction in QuickBooks it creates journal entry in the background. Within the journal entry there is a debit and a credit. The debits and credit must always equal. This is considered the double-entry journal accounting which is the most common form of recording transactions.