whats the difference between a bookkeeper and an accountant

What’s the Difference Between a Bookkeeper and an Accountant?

Sorry if you clicked on here hoping to hear a great punchline to tell around the office, but this is not a joke. Many business owners fail to understand the difference, and that is no laughing matter when it comes to your business. So, whats the difference between a bookkeeper and an accountant?

When it comes to business finances, it is easy to get lost in numbers and confused about who does what. Here at Pebbles, we decided to make the whole thing as easy as possible to break down into who does what and how.

What is Bookkeeping?

Bookkeeping is an important first step in the whole accounting process, which focuses on keeping your business books and accounts neat and accurate.

This responsibility falls onto the bookkeeper to keep complete records of every financial transaction made throughout your business. Whilst you may think this is just collecting a few receipts and invoices, it is a far more complex process to ensure all essential data for your business is collected, organised and collated.

It is not just analyzing numbers either – a bookkeeper brings logic and organization skills to the table on a majority of company strategies. It helps to have someone who can provide common-sense procedures towards your business transactions done day by day and tally it at the end of a month.

On top of this, bookkeeping services in Manchester aid in sending out invoices, recording incoming money, supplier invoices, payroll, petty cash… you name it, a bookkeeper has their eyes on it.

This plays a very helpful hand around the time of that annual tax return which requires fully accurate financial records. In understanding that your records are all perfectly recorded and prepared, then there are no nasty surprises waiting for you and your accountant at the end of the financial year.

Bookkeeping services play the most vital role in keeping your business efficient and effective.

Then What About the Accountant?

When it comes down to the bigger financial arena, your accountant takes charge. What they do is scope the entire accounting process that has been supported by the base information from your bookkeeper.

Your accountant interprets this data provided as a way to forecast your financial security and determine a clear path for business growth. They will use their accounting in financial, management, tax, auditing and other services to provide a strong backbone for the company growth ahead, as well as aid in tax savings where available, providing a strong bridge to push your business over year by year.

Therefore if you are requiring bookkeeping services in Manchester, you stand to have a good, solid and organized structure to your finances to continue building your business. If you’re still wondering whats the difference between a bookkeeper and an accountant, Contact the team at Pebbles today.

Don't just take our word for it...

TecCre8 Ltd

“We began to relinquish our bookkeeping tasks to Pebbles Bookkeeping in September 2020, following our meeting with Diane Huxley to discuss our requirements. We signed up with Diane immediately. We have all built a quick rapport with Diane and it’s good to know that we have her support and expertise at the other end of the phone.

Pebbles Bookkeeping is a perfect fit for our company and liaises seamlessly with our accountant. It is our pleasure to work alongside them.”

Mark Gray, Taylor Made Finance Ltd

“Pebbles Bookkeeping have been doing our bookkeeping for the past 2 years. Our Accountant recommended them to us and they are very professional, approachable and knowledgeble in the work they do. We send them our paperwork electronically and manually and they process it all efficiently in a timely manner.

I would not hesitate to recommend Sean and the team at Pebbles Bookkeeping – they do a fantastic job.”
Sarah Rekia, Site Welfare

“In bringing Pebbles onboard, it has made me wonder why we decided to try and do our own bookkeeping at all. Pebbles came in and sorted 18 months worth of mess we had unwittingly created, and we cannot be more grateful. I wish I had been told about them years ago and I hope every business out there struggling would give them a call to fully see the benefits they are missing out on.”

Lisa Heggie, The Gunnery

A massive thank you to Diane at Pebbles Bookkeeping & HR. You took the huge stress away from where do I start, with employee policies etc. You have created us a great, informative employee handbook, covering all necessary policies and risk assessments in a matter of no time and from the other side of the world too. I will definitely be in touch for any future help our company needs.

Robert Flinn, Director, The Drawing Room

“Pebbles have provided professional and personal approach to all our accounts needs from processing invoices to management accounts. Based in-house they have become a valuable asset to the business and have given us a more strategic and analytical approach to our finances.”