Of course, the role of an accountant and a bookkeeper are two different things. A bookkeeper is responsible for financial administration. This includes recording and reporting financial transactions, preparing financial statements, maintaining records and ensuring compliance with laws and regulations. Bookkeepers will track invoices and purchase orders so you know how much money you have to spend. There are lots of automated software tools that can help you with these tasks, but often, you can’t beat hiring a professional.
An accountant on the other hand will provide services such as reviewing your financial records or providing advice on how best to improve them, preparing annual accounts and tax returns and sharing more tactical advice.