Bookkeepers handle the day-to-day tasks of recording financial transactions while accountants provide insight and analysis of that data and generate accounting reports.

The double-entry system of bookkeeping is common in accounting software programs like QuickBooks. With this method, bookkeepers record transactions under expense or income. Then they create a second entry to classify the transaction on the appropriate account.

Recording financial transactions on a regular basis, such as daily or weekly. Reconciling bank ‌and credit card statements each month. Reviewing and categorizing expenses, revenue, and accounts payable and receivable. Creating financial statements and reports, such as a balance sheet and income statement.

Bookkeeping involves the recording, on a regular basis, of a company's financial transactions. With proper bookkeeping, companies are able to track all information on its books to make key operating, investing, and financing decisions. Bookkeepers are individuals who manage all financial data for companies.