Bookkeepers work involves day-to-day management of the incoming and outgoing business transactions. Whilst accountants review data, created by bookkeepers, investigate errors, post manual journals, analyze financial reports and form set of accounts to file with the tax office. Here are a few examples of what can bookkeepers and accountants do, to see the difference in their roles
Bookkeeping is a process of recording daily financial transactions into a bookkeeping system. The way of recording transactions can be done either on paper or in digital format. The most common software systems used for bookkeeping are Xero, QuickBooks or Sage.
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