What is the difference between an Accountant + Bookkeeper?

Bookkeepers perform daily tasks such as (but not limited to)

1. Categorising expenses
2. Payroll
3. Entering bills and payment
4. Invoicing
5. Reconcile bank accounts
6. File PAYE + GST - Monitor payment deadlines to avoid late filing interest/penalties
7. Monthly processing
8. Reporting
9. Set up in Accounting Software
10. liasie with Accountant

Qualifications - Not regulated but certification available and recommended
Rates - $30 - $80 per hour
Accountants:
Higher schooling - Degrees, CPA License

1. Tax experts
2. Monitors tax payment amounts
3. Prepares and file annual tax returns
4. Liasie with Bookkeepers

Rates - $150 - $400 per hour