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Bookkeepers Or CPAs?

Writer's picture: Bichai WilliamsBichai Williams

Updated: Jul 21, 2023

As a small business owner, you have a lot on your plate. You're responsible for managing operations, marketing, sales, customer service, and more. However, one area that often gets overlooked is bookkeeping. Bookkeeping is a critical aspect of your business that requires accuracy and attention to detail. In this blog post, we'll explore why small business owners need bookkeeping services and why working with a bookkeeper is better than working with a CPA.

bookkeeper or cpa
bookkeeper or cpa

Why Do Small Business Owners Need Bookkeeping Services?



  • Accurate Financial Records

Bookkeeping ensures that all financial transactions are recorded accurately and on time. By maintaining accurate financial records, you can monitor your cash flow, identify any errors or discrepancies, and make informed decisions about the future of your business.

  • Tax Compliance

Bookkeeping is essential for tax compliance. By keeping accurate financial records, you can ensure that your business is meeting its tax obligations and avoid costly penalties and fines.



  • Better Financial Planning

Bookkeeping provides you with a clear picture of your business's financial health. By tracking your income and expenses, you can make informed decisions about your business's future, such as investing in new equipment or hiring additional staff.

  • Easier Access to Financing

Lenders and investors often require financial statements as part of the application process. By having accurate financial records, you can easily provide lenders and investors with the information they need to make informed decisions about your business. Why is Working with a Bookkeeper Better than Working with a CPA?

  • Cost-Effective

Bookkeepers are typically less expensive than CPAs. They often charge an hourly rate or a flat fee for their services, while CPAs may charge a higher hourly rate or a percentage of the client's assets under management.


  • Expertise in Bookkeeping

Bookkeepers specialize in bookkeeping and have the expertise to manage your financial records accurately and efficiently. They understand the day-to-day operations of a business and can provide valuable insights into your financial health.

  • More Personalized Service

Bookkeepers work closely with their clients to understand their unique business needs. They provide a more personalized service than CPAs, who often have multiple clients and may not have as much time to devote to each one.

  • Focus on Bookkeeping

CPAs provide a range of accounting and financial services, including tax preparation, financial planning, and audit services. While they may have expertise in bookkeeping, it is often not their primary focus. Bookkeepers, on the other hand, specialize in bookkeeping and have the skills and experience to manage your financial records accurately and efficiently.


As a small business owner, bookkeeping is a critical aspect of your business that requires accuracy and attention to detail. By working with a bookkeeper, you can ensure that your financial records are accurate and up-to-date, and you can make informed decisions about the future of your business. While CPAs provide a range of accounting and financial services, working with a bookkeeper can provide more personalized service at a more cost-effective rate.










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