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The different between bookkeeper and accountant

Robrown83

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How often have you heard the term bookkeeper and accountant used interchangeable?. If you don't known about the difference in the service,then it is easy to be convinced about the profesion. An accountant is a person that be in charge of company financial transaction. While bookkeeper is also someone that the financial records of an organization. Kindly, tell us more difference of this topic.
 
How often have you heard the term bookkeeper and accountant used interchangeable?. If you don't known about the difference in the service,then it is easy to be convinced about the profesion. An accountant is a person that be in charge of company financial transaction. While bookkeeper is also someone that the financial records of an organization. Kindly, tell us more difference of this topic.
I didn't see much difference from your definition only that one goes to the bank and the other doesn't, so one does the transaction the other keeps the record.

Interesting, we learn everyday and this place is surely a place to learn.
Nice one!
 
I think an accountant is a person that records, classifying, summarizing, analysis,explainning and interpret all the transactions been transacted or taking place in an organization while a bookkeeper is a person that records the day to day financial activities in an organization.
 
According to my own point of view if I am asked the difference between an accountant and a bookkeeper I will say a bookkeeper only keeps record of transaction done in the company why an accountant is meant to calculate the income and expenditure of the company account and send it to the manager
 
I didn't see much difference from your definition only that one goes to the bank and the other doesn't, so one does the transaction the other keeps the record.

Interesting, we learn everyday and this place is surely a place to learn.
Nice one!
There are actually differences between both jobs and they are not even close to being same. A book keeper is tasked with keeping records of financial statements. An accountant is tasked with utilizing and interpreting financial statements to help management make informed decisions. An accountant can do the job of a book keeper but a boom keeper can't do that of the former.
 
Bookkeeper keeps books especially financial doucument of the organization. Accountant deals with analyzing the financial strength of the company. In some companies, an accountant also keeps financial records of the company.
 
As indicated by my own perspective on the off chance that I am asked the distinction between a bookkeeper and a clerk I will say an accountant just keeps record of exchange done in the organization why a bookkeeper is intended to figure the pay and use of the organization account and send it to the director.
 
Well if you have terrible math skills,I think it is understandable why you would find finance a bit complicated. I think it is better to hire people to help with the books, however it is also important to have a bit of know-how,to avoid problems.
 
the function of a book keeper and an accountant differs,a book keeper is the one in charge of tacking records and keeping of documents while an accountant is in charge of any financial transaction within the
 
Bookkeepers and accountants also do the same job Both are same in work but in general however,
the first duty of the bookkeeper is to report transactions and keep
you financially coordinated, while
the accountants offer guidance, research and advice on tax matters.
 
Accountant Role vs. Bookkeeper Role

Shopkeepers and accountants sometimes do the same thing. But in general, a bookkeeper's first job is to record transactions and keep you financially organized, while accountants are more capable of providing advice, analysis, and tax advice.
 
Bookkeepers handle the day-to-day tasks of recording financial transactions while accountants provide insight and analysis of that data.

In the simplest of terms, bookkeeping is responsible for the recording of financial transactions whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing the financial data.
 
Bookkeeping
Bookkeeping is mainly related to identifying, measuring, and recording, financial transactions
Accounting
Accounting is the process of summarizing, interpreting, and communicating financial transactions which were classified in the ledger account
 
Bookkeepers and accountants also do the same job Both are same in work but in general however,
the first duty of the bookkeeper is to report transactions and keep
you financially coordinated, while
the accountants offer guidance, research and advice on tax matters.
Staying on top of your finances is a key part of being a successful small business owner. As such, it's important that your financial data is current and accurate so that you have the tools you need to make sound business decisions and ensure healthy cash flow.
As your business grows to include more customers, vendors and employees, it can get more difficult to keep track of your finances on your own.
When the bookkeeping and accounting tasks for your small business are too much to handle by yourself, it's time to hire help. But do you need a bookkeeper or accountant? The terms are sometimes used interchangeably
 
In the easiest of terms, accounting is liable for the chronicle of monetary exchanges though bookkeeping is answerable for deciphering, characterizing, dissecting, detailing, and summing up the monetary information.bookkeeping is for recording financial transaction
 
The bookkeeper only does the recording of transactions while the accountant does more than just keep records. The accountant prepare the financial statements, they also classify, summarize, analyze and interpret the financial statement to various stakeholders
 
You have a very good question. I think on book paper and accountant Hassan their job is almost the same because the account that is there keeps a complete record of you. What will be the icons in your business?And when it comes down to it, he also keeps your daily card with him. He is also very important in developing the business.
 
(1) Book keeping and accounting perform the activity of collecting, recording and organising financial statement.

Read also: how to keep financial transactions for small business.

(2) A book keeper and also an acccountant are employed in a business entity.
 
Accounting is the process by where a company’s financials are recorded, summarized, analyzed, consulted and reported on. Bookkeeping is the recording part of this process, in which all of the financial transactions of the business (consisting of income and expenses) are entered into a database.
Post automatically merged:

Accounting is the process by where a company’s financials are recorded, summarized, analyzed, consulted and reported on. Bookkeeping is the recording part of this process, in which all of the financial transactions of the business (consisting of income and expenses) are entered into a database.
 
How often have you heard the term bookkeeper and accountant used interchangeable?. If you don't known about the difference in the service,then it is easy to be convinced about the profesion. An accountant is a person that be in charge of company financial transaction. While bookkeeper is also someone that the financial records of an organization. Kindly, tell us more difference of this topic.
Book keeper is someone that work in a book store that keeps all the book there for record purpose,so that no one of the book keep in the store get missing or destroy...

While accountant is someone that takes care of the company financial aspect,make sure everything about money in the company is well balance no fraud act taking in the company behalf..
 

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