For business owners, staying abreast of financial matters is key to running efficiently. To this end, bookkeeping and accounting are two essential tools that can help you accurately record this data and use it to improve the company. As a trusted accounting firm in the Greater Atlanta area, JJR & Associates LLC offers the following insight into what sets these services apart.

Bookkeeping Is the Foundation

Bookkeeping is a method of accurately recording a business’s financial dealings. By tracking expenditures, owners know where they stand and can use this data to determine how to best handle future transactions. While some elect to undertake the task themselves, professional assistance saves time and offers many benefits. For instance, a specialist tracks everything from employee payroll and invoicing to information on sales and expenses, streamlining the process and allowing you to focus on running the company.

Accounting Can Guide Your Business

Without proper bookkeeping, you can’t use financial information to make smart decisions. The goal of accounting is to determine the financial health of your business and devise methods of achieving success in the future. An accountant tracks progress while also identifying problem areas. Moreover, they focus on tax issues, which can be challenging and complicated for owners to handle without professional help. Along with facing penalties for omissions or errors on a return, you might also be paying too much in taxes, and this money could be put to better use within the organization.

Whether you need tax help or require day-to-day assistance on important financial matters, JJR & Associates LLC offers local clients the benefit of their expansive accounting experience. They specialize in everything from financial analysis to tax preparation. To learn more about how their bookkeeping services can advance your company’s goals, call the Fayetteville, GA, firm at (404) 437-7748 today to schedule an appointment. You can also review their range of services online.