A bookkeeper tends to take care of your everyday bookkeeping services coding off and reconciling your daily transactions, making sure your bank accounts reconcile to the actual bank balances and preparing and lodging your monthly or quarterly business activity statement or BAS. A good bookkeeper should provided regular financial statements so you can understand how your business is performing on a current up to date basis. An accountant will review your accounts, give financial advice and tax planning at year end and prepare and lodge your income tax return and provide official financial statements.