Running a business involves more than selling products or offering services. Behind the scenes, two vital components—accounting and bookkeeping services in Orange County —ensure smooth operations and sustainable growth. While they might seem similar, these disciplines play distinct yet interconnected roles in maintaining your business’s financial health. What is Bookkeeping? Bookkeeping is the foundation of your financial structure. It involves the systematic recording, organizing, and tracking of financial transactions. Think of bookkeeping as the process of creating a detailed record of everything happening within your business financially, from sales and purchases to payments and receipts. Bookkeepers handle tasks such as: Recording daily transactions Managing invoices and receipts Reconciling bank statements Maintaining accurate ledgers By keeping meticulous records, bookkeeping ensures you always have a clear snapshot of your financial activities, which is vital...