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What is Bookkeeping?Bookkeeping is the process of recording your company's financial transactions into organized accounts on a daily basis. It can also refer to the different recording techniques businesses can use. Bookkeeping is an essential part of your accounting process.
Why are bookkeepers important to your business?A bookkeeper ensures that all financial transactions are recorded and organized for financial reporting.
What is the difference between a bookkeeper and an accountant?Bookkeepers handle day-to-day tasks of recording financial transactions, while accountants provide insight and analysis of that data and generate accounting reports.
Why hire a bookkeeper instead of an accountant?Bookkeepers and accountants share the same long-term goal of helping your business financially thrive, but their roles are distinct. Bookkeepers focus more on a daily responsibilities, like recording transactions, while accountants provide overarching financial advice and tax guide.
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