By C2online on
11/30/2012 9:14 PM
A bookkeeper is someone who is hired to handle the recording of a company’s financial transactions. He manages the company’s books of original entries – which is called the Journal, and the books of final entries – otherwise known as the ledger.
He plays a crucial role in making sure that a company’s financial records are kept up to date, and making sure that all transactions are accounted for correctly.
He also plays other important roles, and his duties include the following:
Assists in Payroll Preparation.
A bookkeeper makes sure that employees’ payroll is prepared and the corresponding taxes, and government mandated benefits are tracked accordingly. He makes sure that correct tax exemptions are given to each employee, this is so that no major tax adjustments will be necessary during the year-end preparation of employees’ withholding...