A bookkeeper prepares a complete record of your business income and expenses for the financial year. On the other hand, an accountant takes the bookkeeping data and prepares the necessary books of accounts for tax compliance. The Important thing here is that the work of the bookkeeper has a direct affect on the work of the accountant. If the books of accounts are wrong, then the accounting reports will also be wrong. Incorrect accounting can lead to financial losses.
Hence, a good bookkeeping service is the key to the success of your business.