August 29, 2009
The Difference Between an Accountant and a Bookkeeper 3
Bookkeepers are capable of producing Management Accounts and cash flow forecasts for their clients that will allow clients to have the financial transparency they need to make informed important decisions. The management accounts also show the client the effects of a business decision on their finances on a regular basis instead of only being able to see this in the end of year accounts when it may be too late to make changes. It is very important that you source a bookkeeper that performs their role effectively with the correct exepreince and qualifications or you could face fines from HMRC and higher Accountancy bills with increased hours due to inefficient bookkeeping throughout the year.
