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This question is about what a bookkeeper does and bookkeeper.
What is a bookkeeper vs. an accountant?
A bookkeeper is generally the person who compiles financial records, while the accountant typically interprets this financial information to help with taxes, loan applications, or long-term financial decisions.
The terms "bookkeeper" and "accountant" are often used interchangeably, and both types of professionals share the same long-term goal: helping your business financially thrive.
But bookkeepers focus more on daily responsibilities, like recording transactions, while accountants provide overarching financial advice and tax guidance. Bookkeepers are entrenched in daily business operations, uniquely positioning them to troubleshoot financial issues and predict challenges before they arise.
They can likely also provide useful insights on a number of topics, like modifying your business's budget and making your accounting protocols more efficient.
Accountants typically take a higher-level view of financial operations, especially in tax season, which can be a good source of advice when faced with important financial decisions. Many small-business owners turn to their accountants for long-term advice, big and small.
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