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As mentioned earlier, bookkeepers maintain financial records for various small businesses or companies. In many cases, they will work for one specific company unlike accountants. Because they work for one organisation, they will possess a sound knowledge of various details of the company. Such details could typically include:
The sales or earnings of the business
The expenditure incurred by the business
The payments made by the business
The number of employees
The work hours of the employees and,
The billable hours
It is likely that these details could change every few weeks or every month. Therefore, by being aware of these details, the bookkeeper would be able to prepare accurate financial ledgers for the company
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