A bookkeeper is a person employed to keep the records and financial affairs of a business. Bookkeepers are responsible for some (or all) of an organization’s financial information, which is generally known as the General Ledger. These Ledgers include balance sheets and income statements. They also record financial transactions in the form of debits or credits in the ledger, as well as create financial reports.

While often confused, bookkeeping and accounting serve separate and distinct functions in the running of a business. Bookkeeping is the function of documenting and maintaining records of transactions. Accounting, on the other hand, is the act of actually analyzing and interpreting the documentation and turning into meaningful data. While bookkeepers maintain the data needed to file your taxes, an accountant is likely the one who will actually prepare and file your taxes. Learn more about bookkeeping and accounting.

Bookkeeping gives you a clear picture of where your money is coming from and going. When your books are up-to-date, you get an accurate measure of your business’s financial health, so you can make more informed financial decisions. When your bookkeeping is up-to-date, you avoid scrambling to get caught up before the tax deadline, or missing out on any deductions.

We can! We offer catch-up bookkeeping as a service. No matter how far behind you are – even if you’re years behind – we can get you caught up quickly.