The Role of a Bookkeeper: Responsibilities, Requirements, and Earnings

💼A bookkeeper is responsible for recording financial transactions and keeping financial records of a business.

📊Bookkeepers upload bank statements, categorize expenses, and reconcile bank statements using accounting software like QuickBooks Online or Xero.

💰Earnings as a bookkeeper vary based on experience. Newbies can start at $4 per hour or $20,000 per month, while experienced bookkeepers can earn $5 to $6 per hour or $30,000 to $40,000 per month.

📆Working schedules for bookkeepers can be flexible, depending on the number of clients and agreements made with each client.

🖥️Basic requirements for starting as a bookkeeper include a computer and internet access. Certification or being a CPA is an advantage but not always required.

What does a bookkeeper do?

—A bookkeeper records financial transactions, uploads bank statements, categorizes expenses, reconciles bank statements, and prepares financial reports.

How much can a bookkeeper earn?

—Earnings as a bookkeeper vary based on experience. Newbies can start at $4 per hour or $20,000 per month, while experienced bookkeepers can earn $5 to $6 per hour or $30,000 to $40,000 per month. Rates can increase depending on expertise and size of clients.

What industries can bookkeepers work in?

—Bookkeepers can work in various industries, including ecommerce, dropshipping, healthcare, construction, and more. Specializing in a specific industry, such as ecommerce businesses, can provide expertise and higher rates.

What software do bookkeepers use?

—Common software used by bookkeepers include QuickBooks Online and Xero. These platforms offer certification, but the most important aspect is delivering quality results for clients.

What are the basic requirements to become a bookkeeper?

—Basic requirements to become a bookkeeper include a computer, internet access, and basic knowledge of accounting, including debit and credit. Certification or being a CPA can be advantageous but is not always required.

01:04A bookkeeper records financial transactions and keeps financial records of a business.

02:35Bookkeepers upload bank statements, categorize expenses, and reconcile bank statements using accounting software.

06:18Earnings as a bookkeeper vary based on experience, with newbies starting at $4 per hour or $20,000 per month.

07:57Working schedules for bookkeepers can be flexible, depending on the number of clients and agreements made with each client.

09:17Basic requirements for starting as a bookkeeper include a computer, internet access, and knowledge of accounting.