An accountant works together with the bookkeeper to achieve the same result, so they can’t be competing but rather supporting and working together according to bookkeepers Melbourne.
Bookkeeping versus accounting
A bookkeeper deals with daily business financial transactions such as purchases, receipts, sales, and payments. Documenting these records in most organization is done using a general ledge or a business journal. Small companies can effective use software’s such as QuickBooks, Peachtree to keep track of business entries, debits, and credits.
Using such software’s culminate in a trial balance, thus the final of debit and credit match.
I should also say that sometimes the lines can be blurred …Continue reading »