Does Your Small Business Need A Bookkeeper Or Accountant?

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Does Your Small Business Need A Bookkeeper Or
Accountant?
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• For those who may be new to the world of business
  and have just started their own small company, it
  can be hard to know whether you need the services
  of a bookkeeper, an accountant, or both. As they
  offer similar services, and the terms
  bookkeeper and accountant are relatively
  interchangeable, the choice can be puzzling at
  first.
• So, lets take a closer looker at the two roles
• What exactly does a bookkeeper do?
• The job description literally describes the
  duties of a bookkeeper they keep the books and
  retain documentation for transactions.

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• Often, bookkeepers begin their careers as
  data-entry clerks or entry level bookkeepers for
  businesses, and as they grow in their role
  through experience and merit, they work towards
  becoming an important person who records the day
  to day finances.
• As is sometimes the case, experienced or
  certified bookkeepers move on to the role of an
  accountant, and their focus then shifts to
  reporting, business analysis, and even giving
  advice and guidance on accountancy matters.
  Within some companies, bookkeepers and
  accountants work in unison, with the bookkeeper
  operating on the ground level, so to speak, and
  taking on the responsibility of establishing and
  promoting a stronger relationship between the
  accountant and business owner.

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• What does an accountant do?
• Accounting or accountancy is the recording and
  measuring of financial information within a
  company that is relayed to the managers,
  investors and tax authorities to help them make
  informed decisions about how best to allocate the
  available resources.
• Accountants take on a role of higher
  responsibility within small businesses and may
  have certification to back up their credentials.
• As a small business owner, how do you know
  whether you need a bookkeeper or an accountant?

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• The type of industry that your business operates
  in may affect the choice, along with whether you
  have a fixed number of assets or a large amount
  of inventory. Employee numbers can also affect
  your options, and how complicated your companys
  business dealings are. The more complex an
  organisation, the more crucial it becomes to make
  sure that your bookkeeper is fully supported by a
  good accountant or CPA who can give extra advice
  and guidance if needed.
• Having a bookkeeper and an accountant within your
  small business can prove to be great relationship
  that impacts positively on your bottom line,
  provided communication is kept open and data is
  strong.

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• At Heyer Associates, we proactively assist our
  individual and small business clients in meeting
  their goals. Our key area of focus is ensuring
  that our clients remain compliant with federal
  and state tax laws by providing them with high
  quality accounting and tax preparation service
  Coral Gables. If you are looking for tax
  preparation service in Miami, Heyer Associates
  would be a right option.