Bookkeeping vs. Accounting — What’s the Difference? – Buximo Tax

Bookkeeping vs. Accounting — What’s the Difference?

A short guide that keeps it real and practical.

People often use bookkeeping and accounting interchangeably, but they’re not the same. Here’s the simplest way to understand the difference:

Bookkeeping = Recordkeeping
Bookkeepers handle:

Categorizing transactions
Reconciling accounts
Maintaining financial records
Preparing basic reports

Think of bookkeeping as keeping your financial house clean and organized.

Accounting = Analysis & Strategy
Accountants handle:

Tax returns
Financial analysis
Forecasting
Advising on business decisions
Ensuring compliance

Think of accounting as making your financial house work for you.

Both matter — but they serve different purposes.
Good bookkeeping makes accounting accurate, and good accounting helps you grow with confidence.