What’s the difference between a bookkeeper and an accountant?
It’s not a riddle (or the setup for a joke)—a bookkeeper and an accountant serve two very distinct, important roles in your business. And while your accountant can be your bookkeeper, your bookkeeper can’t be your accountant. Here’s why.
A bookkeeper posts transactions into your tracking software, reconciles the bank statement and perhaps pays bills or collects invoice payments for you.
However, it takes an accountant to review and audit the data properly so that your financial reports—profit & loss statements, balance sheets, prior year comparisons, month to month profit & expenses, etc.—are accurate and truly reflect what’s happening in your business.
A good “tax accountant” takes it to the next level, advising on those audited financial reports to show how to save on taxes, invest properly and take your business financially to the next level.
For a set monthly fee (coupled with our additional end-of-year tax filing services), we wear all of those hats for your business, so you can focus on what’s most important—your actual work. For a set monthly fee (coupled with our additional end-of-year tax filing services), we wear all of those hats for your business, so you can focus on what’s most important—your actual work.