the maintenance of a history of one's activities, as financial dealings, by entering data in ledgers or journals, putting documents in files, etc.

1960–65; record + keep + -ing1 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
We do keep records on records in order to establish better recordkeeping of our records.
Electronic recordkeeping systems and paper receipts coexist in many environments.
Despite the decline in homicide, serious violence is common and recordkeeping so poor it often escapes notice.
Your concerns are valid: you end up with lots of fractional shares, and the recordkeeping can be arduous.
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