
Accounting and bookkeeping services can be handled by one individual but before you make any decisions, find out what each task typically involves.A bookkeeper is the official record keeper of your business’s financials. An accountant is your financial strategist. This professional is responsible for preparing for audits, helping you with tax planning, and offering business financial analysis and advice.
Below is a list of records that you should keep accurately and orderly:
- Payroll and employment taxes
- Sales and purchases
- Expenses
- Bank statements
- Profit and loss statements
- Cash flow analysis
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