There are many questions that that I have been asked in my line of work. The most prominant being WHY should I hire an account or bookkeeper, the second ironically is what is the difference between the two.
I suppose the answer to the first question is not always yes. There are a number of business owners out there that don't warrant the need for bookkeeper, these are the side jobs, the extra cash in your pockets to make ends meet type of owners.
         However, those that wish to make a living from thier small business and make it grow should hire a bookkeeper. There are many firms and qualified individuals out there that will work on a contract or even a monthly/hourly basis.
         Why.. well for every minute you spend doing your bookkeeping, is a minute you are not doing what your business set out to do. How much is your time worth? Thats what this question really boils down to. When you are doing your bookkeeping your not: working, gaining new clients, exploring new more efficient methods to improve work flow, manageing your employees.... get the picture. What if for every hour on the phones or at a networking meeting you could gain one client? Then you could say that for every hour your doing bookkeeping your not gaining anything.
         A bookkeeper and accountants are educated in financial matters. This includes taxation, job costing, depreciation, inventory and reporting. None of these items are difficult, but all are very time consuming to learn fully find an expert. An expert or someone that has experiance in your field can help with distrabution channels, cutting costs and classifying costs in the most efficient manner to reduce taxes and increase work flow.

        The difference between a bookkeeper and an accountant is vast. A bookkeeper is simply one that records information into a format that the banks, and the taxation authorities will accept and understand. An accountant can do this and much more. Accountants are generally educated more. They study the basics of bookkeeping, and how to utilize that information in the most effective ways for you the business owner to use adventagiously.

ENOUGH about that. On the left hand side you will find some very useful information about doing business in New Hampshire.