What is the difference really between an accountant and a book keeper?
do accountants do basically what a book keeper in business has always done? or when, how branched off this necessary job to the role of an "Accountant"? why accountants make so much money and need so much education? how compare their incomes to others? and are they often making more money than advertisers, etc? why , how again? thanks fo ryour answers!
Other - Careers & Employment - 2 Answers
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Answer 1 :
accounts reconcile the accounts and books that a bookkeeper keeps you need to learn about accounts profit and loss and how entries can affect business profits etc
Answer 2 :
All a book keeper does is record your income and expenses and eventual profit/loss in the books by a spreadsheet or a software like Sage for an accountant to look at. They help with the balance sheets too. An accountant calculates the tax you need to pay and ensures you don't pay more tax than you should and they can represent your business for the tax man. They will know tax laws inside and out...bookkeepers don't really unless they are studying to become an accountant. A good accountant saves your business and you a lot of money whereas a bookkeeper just saves you time, most of the time you can do it yourself if your business isn't that complicated.
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