Is this related to money? Like to keep track of how much is spent or earned. Bookkeeping？Is there a better way of saying it?
Accounting is the art of keeping track of money in ledgers. To keep accounts is the act of doing accounting. Bookkeeping is another way to say the same thing, although sometimes bookkeeping can mean managing gambling odds for the purposes of betting on a race or other event, but context can usually make this clear.
There may or may not be a better way to say it in a given context. I would need a specific context in order to answer.