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Bookkeeper or accountant? How to decide

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Johannesburg - Not only does it keep you out of trouble with the taxman, but good accounting gives you a picture of how you are doing and allows you to track trends and make business decisions.

That’s why it’s important to ensure your books are handled by someone trustworthy and to get sight of your numbers as quickly as possible. So, where do you go about finding this person?

First of all, you need to consider whether you are looking for a bookkeeper, an accountant or both. If you’re a Pty Ltd. or your business is required to be audited, you will definitely need an accountant or an accounting officer, who will sign off on your books at year-end. Most businesses, though, will probably need a bookkeeper, and can then employ the ad hoc services of an accountant if and when necessary.

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