13 North Concourse, Beaumaris 3193
Working With Your Accountant
Come tax time, your accountant relies heavily on precise bookkeeping throughout the entire year from Maximum Business Solutions.
Many people do not know the difference between a bookkeeper and an account assume that as they are both directly involved in a business’s finance, that the terms can be interchanged. However, their roles do differ. The most common question around the bookkeeper-accounting conversation, then, is:
Do I need an accountant, a bookkeeper, or both?
Many people presume these two titles are the same, and while the terms can be interchanged to a point, they vary due to the degree and frequency of tasks.
A bookkeeper generally manages day-to-day, week-to-week, and month-to-month recording, keeping accounts clean in order to make the accountant’s job easier. A bookkeeper, quite literally, “keeps the books”.
The accountant helps out with less routine tasks, prepares reporting, statements, tax returns, and other financial documents.
A successful relationship between a bookkeeper and accountant means long-term financial success for a business. Chat to Maximum Business Solutions today to find out how our bookkeeping services in Moorabbin can support and work with your accountant.