bookkeeping vs. accounting

Understanding the difference between bookkeeping and accounting is crucial for managing your business finances. Bookkeeping focuses on recording daily financial transactions, while accounting analyzes and interprets this data to provide financial insights, tax planning, and business strategy. Learn how bookkeeping lays the foundation for accounting, and how both play vital roles in maintaining accurate financial records and making informed decisions. Discover the key distinctions and find the right financial services for your business needs.