The bookkeeper is more comprehensive in function from an accounting clerk and is responsible for recording the day-to-day financial transactions of an organization. A bookkeeper is usually responsible for writing the “daybooks”. The daybooks consist of purchases, sales, receipts, and payments. The bookkeeper is responsible for ensuring all transactions are recorded in the correct day book, suppliers’ ledger, customer ledger and general ledger. The bookkeeper will also reconcile bank and credit card statements and record any monthly journal entries provided by the accountant thus bringing the books to the trial balance stage. An accountant will prepare the income statement and balance sheet using the trial balance and ledgers prepared by the bookkeeper.

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