Bookkeeping Frequently Asked Questions
Question
Do I need a bookkeeper if I have an accountant? What’s the difference between the two?
Answer
Bookkeepers and accountants perform distinctly different tasks.
Bookkeepers Traditional Responsibilities
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Compiling data on a daily basis
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Categorizing expenses in the general ledger
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Reviewing the general ledger for accuracy
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Reconciling bank statements against the general ledger
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Generating financial statements
Accountants Traditional Responsibilities
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Analyzing the company’s financial data
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Preparing income tax returns
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Providing tax planning advice
Question
What should I use to manage my books?
Question
Should my bookkeeper be an employee?
Contact Information:
Mailing address:
9111 Cross Park Dr., STE D277 Knoxville, TN 37923
Office: (865) 470-4252
Mobile: (865) 745-9432---you can text this number
Fax: (865) 470-4254