Bookkeeping vs Accounting
Updated: Jul 20
Is there a difference between a bookkeeper and an accountant?
Functions of a Bookkeeper: Bookkeepers help small business owners track their financial transactions in bookkeeping software. In general, a bookkeeper’s primary goal is to maintain consistent records to make business management easier. The responsibilities of a bookkeeper can vary depending on the business. Functions of an Accountant: Using the transaction records, a small business accountant aggregates the information to make financial evaluations and advise the business owner. An accountant prepares and analyze the profit or loss statement (income statement), balance sheet, and cash-flow statement.
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