Choose your...

Country Language
FINAL DAYS
50% off
for 3 months
FINAL DAYSStart fresh this new year with QuickBooks Online
DON'T MISS OUT
Buy now and get 50% off for 3 months Claim offer
DON'T MISS OUT
Claim offer
SALE
Buy now and
save 50% off today
See plans + pricing

What is an Accountant ?

Accountant (Definition)

An accountant keeps track of business transactions and financial records to issue financial statements and determine how a company is doing on a financial level. Accountants use a knowledge of maths, law and finance to provide business owners and investors with comprehensive details on how a company is performing. They work on behalf of large enterprises, small businesses and individuals.

The role includes:

  • Invoicing customers
  • Keeping track of sales
  • Keeping track of money owed
  • Recording expenses and invoices from suppliers
  • Moving money through accounts to pay bills
  • Maintaining payroll
  • Paying employee wages
  • Reconciling bank statements
  • Creating financial statements, including income statement, balance sheet, statement of cash flows
  • Managing inhouse financial reports
  • Analysing and reviewing budgets and expenditures
  • Preparing profit and loss statements
  • Finalising tax reports
  • Compiling general ledger accounts
  • Resolving discrepancies in accounting
  • Maintaining financial databases and software systems

Also read: What is International accountant day?

Related articles

Accounting and bookkeeping

Why Small Businesses Should Have an Accountant on Their Team

Accountants

Introduction to QuickBooks Online Accountants: How to use QBOA for Accountants

Accountants

How QuickBooks Online Accountant helps accountants and bookkeepers manage their practice and clients

Ready to run your business better with QuickBooks Online?
hand-icon

Hello! How can we help?

close button

Available 24 hours, Monday - Sunday

All our agents are currently busy

Need product support?

Visit our support hub