When to Hire a Bookkeeper vs. an Accountant

Many small business owners confuse the roles of bookkeepers and accountants. Both are essential, but knowing when to hire each can save you time and money.

1. Role of a Bookkeeper

📌 Records financial transactions
📌 Reconciles bank statements
📌 Processes invoices & expenses
📌 Generates monthly financial reports

💡 Hire a bookkeeper if:
✔ You need help managing day-to-day finances.
✔ Your books are behind, and you need accurate reports.

2. Role of an Accountant

📌 Prepares tax returns
📌 Provides financial strategy & tax planning
📌 Ensures compliance with tax laws

💡 Hire an accountant if:
✔ You need tax preparation or complex financial advice.
✔ You’re scaling and need strategic financial planning.

3. When Do You Need Both?

If your business is growing, you may benefit from a bookkeeper for daily tasks and an accountant for tax planning.

Bookkeepers keep your finances in order, while accountants provide high-level tax and financial advice. Not sure which one you need? Blue Rock CFO provides virtual bookkeeping services to keep your business running smoothly!