The Role of the Bookkeeper

A Bookkeeper should not be confused with an Accountant or Account’s Clerk.  A bookkeeper  :

• should have accounting qualifications to manage books effectively.

• can provide training and initial set up if a business wants to save costs by employing a family member to keep the books.

• can provide management accounts on their own work for a smaller business, and/or file returns on their behalf, but it is advisable to employ an Accountant for a larger business.

• should know and understand his or her client well and be able to advise on financial procedures of the business.

• should be qualified to provide VAT returns and run Payroll.

• A Bookkeeper can provide advice on a suitable accounting package.

Read on for more detailed information on the role of the Bookkeeper.