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.
Bookkeeping is simply the systematic recording of financial transactions.
Accounting is the interpretation, analysis, and reporting on said data.
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.