Bookkeeping is a specific area of accounting. It focuses on primarily tracking every expense from your business. This is the most accurate method of tracing costs and profits in a business setting. A bookkeeper is the person who record day-to-day financial transactions and maintains a report of those finances.

A bookkeeper is also responsible for the organization of a business’s finances. At any time, they must be able to pull a report for any specific time frame or day. This is a position that accountant are trained in and have all the education necessary and practice to ensure accuracy of money reports for any business.

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