Accountants are one of the most desirable professions in the world. But, did you know that there are various types of accountants? Read more if you want to know more about them.
Bookkeeper- This type of accountant is known for being a data entry specialist among various accountants.
If you are going to hire them, they will not make reports for you. Instead, they will become a good investment for your current small market business if you aren’t willing to venture into the bigger industry. Bookkeepers aren’t considered accountants, but they can make your financial transactions, maintain the balance of the books, post debits, create invoices, and many more.
Accountant- When a bookkeeper does the data entry for you, the accountant is the person responsible for helping oversee that process. They are doing the heavy lifting for you at the end of the month when filing for reports. They perform your trial balance, journal entries, and the accrual of work that needs to happen in your financials at the end of the month.
Controller- the person responsible for overseeing the entire system. It also orchestrates what’s happening and ensures that every data goes into the system. Controllers are also responsible for passing everything on time and the final product at the end of the month. From the balance sheet, income statement, cash flow statements, and everything associated with the company’s accounting works, they are the ones to deal with it.