difference between book keeping and accounting
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❥ Bookkeeping is all about recording and organising financial data while accountants take that data to prepare reports and get them ready for HMRC.
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difference between book keeping and accounting
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book keeping
Book keeping is all about recording and organising financial data and The dictionary definition of bookkeeping is defined as “the skill or occupation of maintaining accurate records of business transactions.
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accounting
accountants take that data to prepare reports and get them ready for HMRC.When it comes to accounting, the dictionary states accounting as “the skill or practice of maintaining and auditing accounts and preparing reports on the assets, liabilities etc of a business.”
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