Feasibility Of A Full Charge Book Keeper
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Transcript of Feasibility Of A Full Charge Book Keeper
Stores all information needed for
annual audit
Always aware
about the cash flows
Manages month-end /year-end closing process
Correspondence with clients regarding bills mismatch
Maintain chart of accounts
Some Additional Responsibilities …
What is the difference lies between Book Keeper & Accountant..??
Book keeping deals with mechanical steps from
entering data to financial report
A full-charge Book Keeper handles all data from general ledger to financial report
In small companies the person responsible for accounts is account clerk
Accounting uses that data to predict future
outcomes
Accountant supervises the data provided by
book keeper
The Account analysis provides data of business trends & opportunities for business
growth.
Accountants look into big picture that restrict
unwanted expenses to manage cash flows..
Both Book Keeping and accounting focuses on financial accuracy of daily
transaction
Book keepers record day-to-day transaction
Analysis
Accountants analyze and verify the information
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