Bookkeepers and Accountants are often mistaken by many business owners as being the same person. While it is true in some cases, freelancers in particular, in most cases an Accountant is certified to perform your year-end tax preparations and/or audits. Below clearly defines both of them:

Bookkeepers

  • mostly does data entry
  • may/may not be certified to prepare year-end taxes

Accountants

  • does accounting review
  • provides feedback / advise
  • eligible to prepare year-end taxes

With Beacon, bookkeeper can easily be assigned to your admin as it does not require someone trained in Accounting Software. Crucial reports like (Profit & Loss, CashFlow, etc) which are usually prepared by Accountants are also easily accessible real-time without waiting.

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