They also keep an eye on your tax obligations and prepare financial statements for you. He is also able to make reliable statements about your overall financial performance.īasically, their job is to monitor the health of your business by strictly controlling profits and losses.Īn accountant can, therefore, analyze and interpret the books kept by you, your bookkeeper or your internal bookkeeping department. Simply put, an accountant is a financial expert who is there to monitor, document (if they also offer bookkeeping), and interpret your cash flows. The tasks that an Amazon accountant takes on and the skills he must have exceed those of a simple bookkeeper considerably. It is sufficient for the bookkeeper to have a flair for orderliness and accuracy so that no mistakes occur in the documentation of transactions. It is essentially the mere compilation of financial data.Īccordingly, unlike an accountant, an Amazon bookkeeper does not need any extraordinary math or analysis skills. Simple bookkeeping does not involve making calculations, preparing financial statements, or interpreting the numbers in any way. The goal is to document all financial transactions in a neat, well-structured way so that both internal and external parties (such as the tax authorities) can easily find their way around to quickly understand when, why and by whom payments were made or received. In simple terms, both incoming and outgoing invoices are gathered, sorted, and filed in an orderly manner. In general, bookkeeping is mainly concerned with identifying, categorizing, and recording transactions within your company. Let us take a closer look at both services. Thus, one could say that bookkeeping can be a part of accounting, but not the other way around. Many accountants, if not most, offer bookkeeping services alongside their accounting services.īookkeepers, on the other hand, usually offer their bookkeeping services only. What is the difference between an Amazon accountant and an Amazon bookkeeper? Many people think that these two things describe exactly the same activity, but that is not quite the case. The most common terms that are used interchangeably are accounting and bookkeeping. So before we can explain what exactly an Amazon accountant can do for you, we first need to define what an accountant actually is. What Is an Amazon Seller Accounting Service?Īccountant, bookkeeper, CPA, tax consultant, financial advisor – there are so many job titles in the universe of business finance that it is easy to lose track of who is who and who does what.
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