What’s the difference between bookkeeping, accounting, and advisory?
Bookkeeping is the foundation—it’s the day-to-day recording and organization of your financial transactions to keep your books accurate and up to date.
Accounting takes it a step further by reviewing and interpreting those numbers, helping you understand your financial performance, trends, and overall business health.
Advisory is where strategy comes in. This is where we use your financial data to guide decisions, improve profitability, and plan for growth.
In short:
Bookkeeping = Keeping your records accurate
Accounting = Understanding what your numbers mean
Tax = Filing requirements and compliance
Advisory = Strategy and decision-making
| Category | Service / Feature | Basic | Silver | Gold | Platinum |
|---|---|---|---|---|---|
| Bookkeeping | Monthly or Quarterly Reports (Preparation) | ✓ | ✓ | ✓ | ✓ |
| Bookkeeping | Bank & Credit Card Account Sync | ✓ | ✓ | ✓ | ✓ |
| Bookkeeping | Account Reconciliations | ✓ | ✓ | ✓ | ✓ |
| Accounting | Monthly or Quarterly Reports (Review & Insights) | ✓ | ✓ | ✓ | ✓ |
| Accounting | Accounts Receivable Management | — | — | — | ✓ |
| Accounting | Accounts Payable Management | — | — | — | ✓ |
| Tax | Company Tax Return | — | ✓ | ✓ | ✓ |
| Tax | Sales Tax Filing (Quarterly/Monthly) | — | ✓ | ✓ | ✓ |
| Tax | Payroll Processing & Filing | — | — | ✓ | ✓ |
| Advisory | Advisory Review & Strategy Sessions | — | ✓ | ✓ | ✓ |
Frequently Asked Questions:
Choosing the right accounting partner is a big decision. These are the most common questions business owners ask before working with Fiore Accounting & Tax Services—so you can feel confident in what to expect.
Which package is right for me?
Most business owners start with Silver, where bookkeeping, tax, and strategy come together. If your business is growing or you have a team, Gold or Platinum may be a better fit. We’ll help guide you based on your needs.
Are there long-term contracts?
We don’t lock clients into long-term contracts. Our goal is to build a long-term relationship based on value, not obligation. We have a 30 day notice period so that we can provide you with ready-to-go documents to provide your next service provider.
Can I just hire you for sales tax or payroll?
Sales tax filing and payroll are offered as part of our service packages, since they rely on accurate, current financial data. We don’t offer these as standalone services. However, these can be added to any package that includes bookkeeping services.
What makes you different from other accounting firms?
We go beyond compliance. Our goal isn’t just to keep your books clean—it’s to help you understand your numbers, improve profitability, and make better business decisions.
What if my books are behind or messy?
That’s very common. We’ll start with a cleanup or catch-up project to get your books accurate and up to date, then transition you into ongoing services.