Bookkeeping Services

If you are curious about the difference between the services of an accountant, tax agent, and bookkeeper, you should read our latest blog to learn more.

Accountant, tax agent & bookkeeper: what’s the difference?

For many people, it can be hard to tell the difference between an accountant, tax agent and bookkeeper. Considering the many similarities of their services, this does not come as a surprise. Because of their close likeness, some people find it challenging to spot the difference. To give you a better perspective, our team at Boss Bookkeeping in Brisbane has provided a helpful comparison below

Accountant

More often than not, people associate an accountant with someone who can help them with their taxes. While this is true, the accountant can offer services for much more than just helping you do your taxes. In fact, there are many types of accountants providing varied kinds of services, including bookkeeping services, forensic, management and many others.

More so, accountants can be certified practising accountants, chartered accountants, management accountants, bookkeepers and tax agents, to name a few. Accountants work in different fields with expertise and specialisations that suit the demands and requirements in their respective work environments.

Tax agent

With expertise in tax and pertinent tax laws, a tax agent has comprehensive knowledge in tax and the tax laws applicable for a given country. In Australia, every tax agent should be registered under the Tax Practitioners Board for a licence and authority to practice in the field of public tax services. Such a license does not have a lifetime validity and should be renewed regularly.

To extend excellent tax services for the public, a tax agent is also required to keep abreast with the tax and its related laws to sustain their knowledge. Hence, a tax agent should attend and participate in forums and other similar venues to do so.

Bookkeeper

A bookkeeper takes note and updates the cash flow, income, spending history and other business, financial or personal transactions of the client. To provide accurate bookkeeping services, they should have the expertise, skills and knowledge to keep track of the financial affairs of the business or industry that they serve. To put their clients at ease, a bookkeeper should be work efficient, trustworthy, dependable and should have the needed initiative to get the job done for them.

How Boss Bookkeeping can help

For all your needs for accounting and bookkeeping services, Boss Bookkeeping in Brisbane is a great choice. Here at Boss Bookkeeping, we have a team of accounting and bookkeeping professionals ready to assist you with your personal or business needs. For enquiries, feel free to get in touch with our friendly Brisbane team today or visit our website for a full range of accounting and bookkeeping services that we offer.

Contact the team at BOSS Bookkeeping today on 1300 226 778 if you are considering outsourcing your real estate bookkeeping.