Unlike accountants, many bookkeepers have associate's or bachelor's degrees. In either case, you will need to follow several specific steps to begin this career path: 1. You can either pursue a salaried position with a company or you can start your own freelance bookkeeping service. There are two routes you can take on your journey to becoming a bookkeeper. If a freelance bookkeeper has multiple clients and works full-time, they frequently earn more than the salaried bookkeeper's $35-40,000 per year. Freelance bookkeepers set their own rates and often charge an hourly rate of $40-60. These numbers reflect the average paycheck for a bookkeeper who works on a company's payroll. The national salary distribution ranges from $7.25 to $35.15. The average salary for a bookkeeper in the United States is $17.73 per hour. Monitoring accounts payable and receivable Some other specific duties of a bookkeeper include:Īlerting their client to any financial discrepancies Bookkeepers can work for companies or individuals and can be either salaried or freelance employees. They also protect their clients by making sure that every financial transaction is compliant with federal laws and regulations. Bookkeepers are primarily focused on maintaining their clients' financial health and stability. They oversee, record and facilitate all incoming and outgoing payments associated with a certain account. What does a bookkeeper do?īookkeepers are responsible for handling their clients' daily financial activities. In this article, we will discuss a bookkeeper's job description, average salary and the steps you can follow to pursue this career path. If you are looking for a job that lets you use your knowledge of finance or your computer skills, working as a bookkeeper could be a profitable and rewarding option. It is also an interesting career for anyone who is interested in finance but does not want to meet the requirements to become an accountant. The list under "Accountant" offers these duties: īookkeeping is one of the highest-paying jobs you can do remotely. The list under "Bookkeeper" contains these duties: A man in a suit works on a calculator and writes on a piece of paper, underneath two lists entitled "Bookkeeper vs Accountant.
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