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Keep in mind that there's a difference between bookkeeping and accounting. Bookkeeping is simply the systematic recording of financial transactions. Accountin
by andsoitis 10mo ago
Keep in mind that there's a difference between bookkeeping and accounting.
Bookkeeping is simply the systematic recording of financial transactions.
Accounting is the interpretation, analysis, and reporting on said data.
- idopmstuff 10mo agoSure, and I do my own accounting in Google Sheets. Each brand that I own is pretty simple, so this isn't that hard (and it's important to me that I do it myself to maintain context on my businesses). That's why an LLM is good for bookkeeping for me - I'm not actually using the books in any strategic capacity, and I know the numbers in the business well enough that I'll catch any obvious mistakes. The books are purely to give to my CPA to do my taxes at the end of the year.