What’s the Difference?

 

Accounting

Accountants structure the tasks for bookkeepers and prepare financial statements and tax reports. Likewise, accountants prescribe record-keeping software such as QuickBooks, Peachtree and Microsoft Dynamics. Accountants analyze data, creates master budgets and review cost analysis.   Because of the advancements of technology, businesses now outsource parts of their accounting process to include the routine tasks of bookkeeping

What’s the Difference?

   

Bookkeeping

Bookkeeping is an essential piece of accounting as it is the process of recording financial transactions. Bookkeepers work under accountants like nurses work under doctors.   Whilst a pen and ledger used to be enough to balance your family or business books; with today’s technological advancements we are now able to perform all of your bookkeeping requirements without even being in the same place as your business.