{"id":1879,"date":"2021-10-01T14:44:43","date_gmt":"2021-10-01T17:44:43","guid":{"rendered":"https:\/\/liftdetoxcaps.com\/blog\/?p=1879"},"modified":"2024-02-02T21:11:09","modified_gmt":"2024-02-03T00:11:09","slug":"bookkeeping-vs-accounting-what-s-the-difference","status":"publish","type":"post","link":"https:\/\/liftdetoxcaps.com\/blog\/bookkeeping-vs-accounting-what-s-the-difference\/","title":{"rendered":"Bookkeeping vs Accounting: What’s the Difference and Which One Does Your Business Need?"},"content":{"rendered":"
The process of maintaining certification can help you keep your skills sharp over time as well. To renew your certification, you must complete continuing coursework, attend professional development programs and take part in training workshops. While these requirements may sound tedious, they could benefit your career in the long term. Regardless of which bookkeeping certification you pursue, we recommend taking a preparatory course. If strategic financial planning is what you\u2019re after, an accountant might be the better choice.<\/p>\n
Here\u2019s what you should expect, even from a basic accounting service. Some accountants have a bachelor\u2019s degree in accounting but no CPA certification. Accountants are more expensive, but they are qualified to do more things for your business, such as prepare financial statements and file taxes. They must also keep their certifications current, which means they will be up to date on the latest federal, state and local tax laws that can affect your business. Growing a business requires an increasing number of accounting transactions.<\/p>\n
Both roles can benefit from the use of payroll software for accountants. Having an automated system that is regularly backed up takes a lot of worry and work hours out of the process. Alongside assigning the proper duties, knowing the differences between different roles can make any accounting process more efficient.<\/p>\n