Get to Know Differences between an accountant and a bookkeeper

Mark's Bookkeeping Services40 West 24th Street, Suite 3FNew York, NY 10010

Contact:[email protected]

Join us

Differences between Bookkeeping and Accounting

http://www.marksbookkeeping.comhttp://www.marksbookkeeping.com

Image: Ambro / FreeDigitalPhotos.net

Copyright© 2012 Mark's Bookkeeping Services, LLC. - All Rights Reserved

https://twitter.com/mbsbookkeeping

http://www.facebook.com/marksbookkeeping

http://www.linkedin.com/company/mark's-bookkeeping-service-llc

http://www.marksbookkeeping.com/

http://marksbookkeeping.com/index.html

https://plus.google.com/107429300413225655449/posts

Join us

http://www.marksbookkeeping.com

Summary

What differs between a bookkeeper and an accountant ?

Why you need both accountant and bookkeeper ?

Sometimes people use the same to term to define an accountant and a bookkeeper. They both take part in the accounting process but don’t have the same responsibilities and roles.










What differs between a bookkeeper and an accountant ?

Bookkeeper

Identify, classify and summarize the

financial events

Communicate important financial information with will permit to improve performance and make good decisions

Accountant

Accounting system

Recording

Analyzing

Interpreting

Reporting









Join us


Bookkeeper

Bookkeeping for Profit and Not-For-Profit businesses

Assessment of Current Recordkeeping Process to facilitate a smoother flow of financial records

Installation of QuickBooks and a tailored program to fit the needs of the client

Initial Set-up for New Companies

Clean-up for existing companies

Management of Books in the client's office or in ours

Controller Services: + Cash flow management + Financial analysis + Business performance evaluation + Budgeting and forecasting

Staff Training on an individual basis or in seminar format

Chart of Accounts set-up

In details









Join us


Design, Customization and Generation of estimates, invoices and credit memos

Annual 1099 and W-9 Processing

Recording Payroll and Tax Payment Transactions from payroll reports

Accounts Payable - entering and paying bills, printing and collating checks

Accounts Receivable - tracking overdue accounts and processing collections

Bank and Charge Card Reconciliations

Preparing Monthly Financial Statements: + Profit & Loss, + Trial Balance, + Balance Sheet, + Statement of Cash Flows, + Detailed account activity reports for any period or range of time

Maintaining Petty Cash Records

Securing Client Data using backup procedures and password features.

In details

Bookkeeper









Join us


What is a certified bookkeeper(CB) ?A CB (Certified Bookkeeper ) is a bookkeeper with an additional level of credibility and expertise. He his certified by the AIPB ( American Institute of Professional Bookkeepers). It is the only national standard in advanced bookkeeping.

A CB have to:• Pass an exam in advanced bookkeeping• Have work experience of 2 years at least• Adhere to the Code of ethics of Bookkeepers• Update skills by completing 20 continuing education credits every year

Bookkeeper

www.AIPB.org









Join us


• Reporting statutory and governments requirements • Preparing reports to help the business monitoring • Giving advices about performance, financial issues, tax planning …• overseeing the work of bookkeepers team. .

Is in charge of

More in the interpretation and use of accounting information

Accountant









Join us


What is a CPA?A CPA ( Certificated Public Accountant) is an accountant with an additional level of credibility and expertise. He is certified by a state according too define requirements. He can also performs Tax returns and tax payers management.

Accountant









Join us


The accountant uses the information produced by the bookkeeper in order to create relevant reports and financial statements.

The accountant performs adjustments to ensure that financial records are accurate or to reflect a particular type of report.

Why you need both accountant and bookkeeper ?

AccountantBookkeeper









Join us


Image: sheelamohan / FreeDigitalPhotos.net

Bookkeeping and Accounting are complementary work to ensure your

business SUCCESS !!!









11

Join us


For more on bookkeeping services, information and tips

Visit our Website Visit our Blog


Please leave comments below






http://www.bookkeeping-blog.com/




Economy & Finance

Get to Know Differences between an accountant and a bookkeeper