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Whether you're just starting out or have been in business for some time, it's best to have both a bookkeeper and an accountant to help you manage and navigate your finances. There's a misconception that bookkeeping and accounting are the same things, but a bookkeeper and accountant have two different roles and responsibilities within your business.
Today we'll explain how bookkeepers and accountants work together to maximize your business.
While some responsibilities overlap between bookkeepers and accountants, many don't. Your bookkeeper can advise on your chart of accounts, current expenditures, and more while your accountant will have her eye on your business's financial condition and overall performance. With both, you'll have the additional support of two professionals working in tandem.
Bookkeepers, like our team at Capri, work with Accountants daily to ensure business operations are running smoothly and financial opportunities are maximized. The ongoing partnership between bookkeepers and accountants make business decisions, tax season, and unforeseen setbacks easier to handle.
Checks and Balances
When you work with BOTH a bookkeeper and an accountant, you have two sets of eyes on your business. You also benefit from a team of professionals handling your finances throughout the whole life-cycle of your profits and expenditures. That means better efficiency, problem-solving and more checks and balances for you.