What's the difference between an accountant and a bookkeeper?

What is a bookkeeper?

• Categorizes daily sales and expenses

• Reconciles all bank and credit card statements

• Allocates interest on loans

• Provides monthly financial statements

• Files Monthly/Quarterly Sales Tax

What is an accountant?

• Files federal and state tax returns

• Offers tax advice

• Performs audits

• Prepares adjusting entries for depreciation and amortization of assets