Understanding the difference between an accountant and a bookkeeper is essential for choosing the right financial support for your business. While both roles are crucial, they serve different purposes at different stages of your business journey. A bookkeeper focuses on the daily financial transactions of your business. They manage data entry, invoice processing, payroll, and bank reconciliations — keeping your records up to date and accurate. An accountant uses the data prepared by bookkeepers to offer a bigger picture. They handle financial analysis, tax planning, compliance, reporting, and business advisory services that help you make strategic decisions.

Key Differences Between Bookkeepers and Accountants:

Bookkeeper:

Records daily transactions

Manages accounts receivable/payable

Prepares payroll and reconciliations

Accountant:

Prepares financial statements

Files tax returns and ensures compliance

Provides financial advice and forecasting

Which do you need? If you're a small business with basic needs, a bookkeeper may be enough. For advanced financial planning and tax help, an accountant is essential — or both roles can work together. Globus Finanza offers expert bookkeeping support to keep your business financially strong and compliant — so you can focus on what you do best. https://medium.com/@zoehadley13/accountant-vs-bookkeeper-57eea3925b17 »