A Guide to Bookkeeping: Skills, Salaries, and Careers

Employment of bookkeepers was expected to grow more slowly than average for all occupations through the year 2014. Though the demand for accounting services will continue to grow, the increased use of computers and bookkeeping and accounting software in the office has eliminated much of the need for bookkeepers. However, the turnover rate among bookkeepers is high, so there should be jobs available.

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Intuit is dedicated to providing its employees with the ability to learn and grow throughout their time with our company. Once candidates are hired as employees, they will be provided with training assignments definition of bookkeeper and other resources that prepare them for their positions. Intuit provides its employees with supplemental learning materials after training has been completed to assist employees in developing their skills.

Key Features

Below is a sample bookkeeper job description that you can customize to meet the needs of your business. The bookkeeper is generally responsible for overseeing the first six steps of the Accounting Cycle, while the last two are typically taken care of by an accountant. While there is a general overlap between the two professions, there are a few distinctions that are later discussed in this article. At your request, QuickBooks will conduct a full evaluation of your bookkeeper’s work.

Technical bookkeeping skills

Bookkeepers may also share some jobs with accountants, such as the preparation of annual financial reports and tax returns. Bookkeepers play a vital role in the business accounting cycle by collecting and inputting data. As a detail-oriented professional, you would play a crucial role in the organization and growth of companies from small businesses to major corporations.

The cost of bookkeeping services can vary depending on the size of your business and the features you need. Some bookkeeping services charge a monthly fee while others charge by the hour. You can find services for as little as $20 per month while others run thousands per month.

A (very) brief history of bookkeepers

If you’re organized and enjoy working with numbers, a job as a bookkeeper could be a good fit. Here’s what you can do to gain the skills necessary to get started. If you’re ready to build job-ready skills in bookkeeping, consider enrolling in the Intuit Academy Bookkeeping Professional Certificate. Learn more about what bookkeepers do and how to get started in this career.

QuickBooks Support

• Offers add-ons for catch-up bookkeeping and specialized bookkeeping.
• According to the US Bureau of Labor Statistics (BLS), the median salary for bookkeepers in the US is $45,860 per year as of 2021 [1].
• Both kinds of features combined to account for 60% of our total score.
• A business must have bookkeeping processes and policies that keep company records up-to-date and accurate.
• That sounds like a mouthful, but often that just looks like inputting all your transactions into accounting software.

Some of these workers belong to labor unions that are active in their industry. Turn your bookkeeping business into a well oiled machine by taking our courses that will teach you how to optimize and systematize your products and services. They can also usually take care of some of the tax preparation so that your accountant has less to do (which is a good thing, because bookkeepers are less expensive than a CPA).

• The Intuit Tax and Bookkeeping Talent Community is a great place to find remote bookkeeping jobs and access training material.
• Modern accounting software is the repository of all financial transactions for your company and can generate requisite reports in real-time.
• You may be able to get on-the-job training through a bookkeeping job that only requires a high school diploma, such as an internship or training placement.
• Accountants have higher education requirements and may have training in bookkeeping roles.
• If you want a higher level of support in the future, such as chief financial officer or CFO-style services, consider choosing a bookkeeping service that will allow you to upgrade later.

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