Bookkeepers and accountants sometimes do the same work, but have a different skill set. In general, a bookkeeper's role is to record transactions and keep you financially organized, while accountants provide consultation, analysis, and are more qualified to advise on tax matters.

Bookkeeping is definitely tedious since the bookkeeper needs to manage financial information both in digital and physical platforms, but the job becomes much more difficult if the person-in-charge is not cultivating healthy habits that allow them and their team to keep things organized.

In order to keep accurate records, and be able to account for all transactions that have affected your net worth, you need receipts, records, invoices, statements, bill of sales, and market value estimates, for everything that comes into or leaves your possession, for which a dollar value can be assigned.