Accounting Service

Accounting is the process of recording, classifying, summarizing, and interpreting financial information. It is used to track the financial performance of a business and to make financial decisions.

Bookkeeping Service

Bookkeeping is the process of recording financial transactions. It involves entering data into accounting software, reconciling bank statements, and preparing financial statements.

Differences Between Bookkeeping and Accounting

Bookkeeping is the foundation of accounting. It is the process of recording financial transactions, while accounting is the process of summarizing and interpreting that data.

Here is a table summarizing the key differences between bookkeeping and accounting: