3 Things Your Bookkeeper Can’t Do for You

Bookkeeper Can't Do

A good bookkeeper is worth their weight in gold. They can help you take control of your finances, they can keep you from making any grievous mistakes during tax season, and they can save you a LOT of time. Trying to run your business while also keeping up to date on your books and payroll can be a Herculean task: That’s why having a bookkeeper who can take that considerable burden off your hands is so helpful. But there are a few financial tasks and duties that your bookkeeper can’t help you with, and it’s important to know so you can make sure that you have the right people on hand to cover all your bases.

At Hacker Accounting our bookkeepers and accountants are ready and willing to help our clients stay on the right financial track. Here are three things that your bookkeeper can’t do for you (but that our accountants can!).Related: Pros and Cons of DIY Taxes

IRS Representation

Your bookkeeper is qualified and able to handle a variety of different financial matters, but one of the biggest things that they can’t do is represent you before the IRS. Only CPAs, tax attorneys, and enrolled agents are able to represent you on your behalf before the IRS. This also means that a bookkeeper cannot sign tax returns or represent you during a tax audit.

Financial Strategy

Bookkeepers know that the devil is in the details. This is where they shine: Going through your finances and records with a fine-tooth comb.Bookkeepers are great for handling payroll and helping you keep track of your day to day expenses, profits, and losses. What bookkeepers often aren’t great at is seeing the future. That’s where an accountant comes in handy: Accountants gear their abilities towards helping their clients with financial planning and strategy. If you need someone to help you look to the future, talk to an accountant. If you need someone who will help you get your financial past and present under control, talk to a bookkeeper.

Keep in mind that we’re not saying that a bookkeeper can’t offer you financial advice and strategy. Bookkeepers can often be as savvy and knowledgeable about business as an accountant! It’s just that financial strategy isn’t their focus.

Audit Your Books

Your bookkeeper is a master when it comes to preparing your books. It’s their job to ensure that every single financial detail of your business is recorded and accounted for. What most of them won’t do, though, is audit your company’s books. That’s where an accountant comes into play. And frankly, that’s usually for the best: It’s always good to have an extra pair of eyes going over your records to make sure everything is in tip-top shape. The slightest error could lead to huge fines and fees come tax season, so it’s best that you make sure your books are exposed to as much scrutiny as possible to keep them 100% accurate.

Related: 3 Reasons Why Your Bookkeeper and Accountant Need to Communicate

At Hacker Accounting our team of dedicated financial experts are here to help you take care of business! Give us a call at 602-375-5251.


Chris Hacker
Chris has been working in the bookkeeping and accounting field for over 15 years preparing business, income and payroll taxes. Chris has a bachelor’s degree from Arizona State and is an Enrolled Agent with the Internal Revenue Service.