{"id":270471,"date":"2024-07-08T15:48:27","date_gmt":"2024-07-08T03:48:27","guid":{"rendered":"https:\/\/www.reckon.com\/au\/?post_type=sbh&p=270471"},"modified":"2024-07-11T18:01:36","modified_gmt":"2024-07-11T06:01:36","slug":"day-to-day-bookkeeping","status":"publish","type":"sbh","link":"https:\/\/www.reckon.com\/au\/small-business-resources\/bookkeeping\/day-to-day-bookkeeping\/","title":{"rendered":"Day-to-day bookkeeping for your business"},"content":{"rendered":"

[et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” _builder_version=”4.23″ custom_padding_tablet=”” custom_padding_phone=”0px||||false|false” locked=”off” global_colors_info=”{}”][et_pb_row column_structure=”1_3,2_3″ _builder_version=”4.23″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”100%” custom_padding=”||0px||false|false” global_colors_info=”{}”][et_pb_column type=”1_3″ module_class=”table-contents” _builder_version=”4.23″ background_color=”#f3f2f6″ custom_padding=”25px||25px||true|false” sticky_position=”top” sticky_limit_bottom=”section” sticky_position_tablet=”top” sticky_position_phone=”none” sticky_position_last_edited=”on|desktop” pac_dcm_carousel_specific_module_num=”0″ border_radii=”on|24px|24px|24px|24px” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.23″ text_font=”||||||||” global_colors_info=”{}” background__hover_enabled=”on|desktop”][\/et_pb_text][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”4.16″ custom_padding=”|||” pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Copy paste body text here” _builder_version=”4.23.1″ header_2_font_size=”32px” header_2_font_size_tablet=”30px” header_2_font_size_phone=”26px” header_2_font_size_last_edited=”on|tablet” global_colors_info=”{}”]<\/p>\n

Day-to-day bookkeeping is a fundamental and unavoidable aspect of owning your own business.<\/p>\n

You can always choose to undertake the burden of day-to-day bookkeeping yourself. However, you\u2019re often better served enlisting a dedicated bookkeeper or accountant to perform bookkeeping tasks on your behalf.<\/p>\n

Let\u2019s unpack the key differences between a bookkeeper and an accountant. Then let\u2019s delve into the importance of bookkeeping and accounting to better understand the respective value they bring to a business.<\/p>\n

Bookkeeper vs accountant<\/h2>\n

If you\u2019ve made the wise decision to engage the services of a business advisor to help manage your financial operations and achieve your business goals, you\u2019ll have another decision to make.<\/p>\n

The decision:<\/strong> bookkeeper vs accountant?<\/i><\/p>\n

Which form of advisory services will best suit your needs? Do you require more basic day-to-day bookkeeping assistance or the expanded scope and services of an accountant?<\/p>\n

The decision will be tied to your aims, financial position, personal capacity, and type of business. To assist this decision-making process, we first need to unpack the differences between a bookkeeper and an accountant.<\/p>\n

\"what<\/p>\n

What does a bookkeeper do on a daily basis?<\/h3>\n

A bookkeeper excels at day-to-day maintenance of your small business\u2019s key accounting records. Many smaller and less complex businesses will benefit from the services of a bookkeeper.<\/p>\n

Daily tasks of a bookkeeper involve:<\/b><\/p>\n