"My bookkeeper handles everything financial."

I hear this all the time. And while bookkeepers are essential, there's a reason we call it the accounting cycle - different roles handle different parts of your financial picture.

Think of it this way:

Your bookkeeper keeps the day-to-day moving:

⇒Recording transactions
⇒Processing payroll
⇒Managing bills and invoices

⇒Reconciling accounts

Your accountant turns those numbers into insights:

⇒Financial reporting

⇒Cash flow management

⇒Budgeting

⇒Analysis

Your tax preparer ensures compliance:

⇒Tax planning

⇒Required filings

⇒Estimated payments

⇒Tax consulting

Your CFO shapes your financial future:

⇒Strategic planning

⇒Risk management

⇒Financial forecasting

⇒Performance monitoring

Each role is critical, but they serve different purposes.

Understanding these differences isn't just about titles. It's about making sure you have the right financial support to reach your goals.

Curious about the different accounting roles out there? We created a simple grid explaining the different roles. I’ll add a link to it in the comments.

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