Dream Team: Bookkeeper and Accountant

There is often confusion when it comes to bookkeeping and exactly what it means. Bookkeeping and accounting are often thought to be the same thing, and while the differences are subtle, they are significant.

First of all, a bookkeeper is not an accountant. A bookkeeper is responsible for categorizing and organizing the day to day transactions of a business. We can process invoices, prepare financial statements, and make sure your chart of accounts serves your particular business most effectively. An accountant is uniquely trained to make recommendations on taxes, reporting, and financial projections.

Often, it serves a small business to have BOTH an accounting professional as well as a bookkeeping professional on their dream team to make the most of the unique skill set of each. Additionally, because a bookkeepers deal with transactions on a day to day basis, they can make sure that your accountant is getting the most up to date and organized information possible, making sure you get the best advice possible come tax time.

Are you interested in adding a bookkeeping professional to your dream team? Go to the link in our bio to schedule a free consultation with zero obligation. And if you are looking for an accounting professional, there’s a link in our bio with a downloadable list of professionals we trust.