Difference Between Bookkeeping and Accounting Services

Bookkeeping is about capturing and organizing transactions. Accounting is about interpreting that data for planning, taxes, and compliance.

Bookkeeping (the foundation)

  • Categorize income/expenses
  • Reconcile bank/credit cards
  • Produce monthly P&L and Balance Sheet
    → This is our core: Monthly Bookkeeping

Accounting (using the numbers)

  • Advisory, budgeting/forecasting
  • Tax strategy and filings
  • System design and controls

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Need both the foundation and advice? Explore our Accountants page or start with Bookkeeping Services.

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