The biggest difference between accounting and bookkeeping is that accounting involves interpreting and analyzing data and bookkeeping does not. Listed below are a few more major differences: Bookkeeping Is… Accounting Is… Keeping proper records of financial transactions of a business in chronological order Recording, measuring, grouping, summarizing, evaluating and reporting transactions of a business in monetary terms. A subset of
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“What a boon to business owners! It’s clear, manageable and will deliver its promise to everyone who uses it. This is such a generous sharing of your expertise. For other entrepreneurs like me, I do some of these steps, but still want to hire people like you to do the rest for me.”
“From an accountant’s point of view “Your Essential Business Bookkeeping Checklist” is a sophisticated yet simplistic report that can teach business owners how to lay the foundation for a successful business. The report includes valuable insight for business owners and step by step instructions on how they can get organized in one of the most important aspects of any business. This report is a great tool, whether you are starting a new business or looking to organize your current businesses finances.”
“Taking vast amounts of business data and converting it into actionable information is a challenge to most businesses. It needs to be accurate, timely and, most of all, in a format that management can easily grasp. Linda has perfected the use of technology and easy to follow procedures that delivers reports that managers actually like using.
I’ve known Linda and worked with her firm for over ten years and our mutual clients are thrilled with her services. As a CPA focusing primarily in the “tax world”, Linda helps me do what I love to do, namely devote more time with clients setting up effective tax planning strategies, deliver complex tax filings and efficiently resolve high level tax inquiries.”
“As a new business owner, and long-time attorney, I had never been faced with the task of organizing and recording business transactions. Using ‘Your Essential Business Checklist’ allowed me to easily identify how to safeguard and properly record my business transactions, while feeling confident that if ever faced with an audit, I will be able to quickly and efficiently produce the necessary paperwork. I especially love Linda’s recommendation to make daily Focused Financial Time. My preferred time to do this is first thing each morning (before I even open my emails). This designated time has allowed me to keep a definitive check on the pulse of my organization and reign in unnecessary expenses that might have otherwise continued unchecked. I highly recommend this simple read to any new business owner. Plus, I am confident in suggesting that investing in a money lesson with Linda Hunt is money very well spent!”