Companies often hire bookkeepers to help them maintain financial records and accounting reports. Among other things, a bookkeeper will often do the following: Document and categorize transactions, including income and expenses. Manage a company's finances via business accounting software, such as QuickBooks or Xero.

Bookkeeping focuses on recording and organizing financial data, including tasks such as invoicing, billing, payroll and reconciling transactions. Accounting is the interpretation and presentation of that financial data, including aspects such as tax returns, auditing and analyzing performance.

An accountant is responsible for offering strategic financial advice in addition to being aware of the company's financial situation. Bookkeeping services is the process of keeping records of financial transactions and preparing financial statements, such as balance sheets and income statements.