How To Become a Bookkeeper: 5 Key Steps to Success

should i become a bookkeeper

If you work your network and are still having trouble, turn to job boards. Online tools like FlexJobs, LinkedIn, and Indeed can help you market yourself to people online and find new opportunities. If you would like to know more about the best software to learn as a bookkeeper, be sure to check out Bookkeepers’ three-part series on how to become a bookkeeper. This step can be achieved before or even while you’re earning your degree. This question yields different answers, depending on educational tracks and other factors.

Explore Online Accounting Programs

While it’s not required for bookkeepers to specialize in a niche, many choose to do so for marketing purposes. If you focus on a specific industry, you can gain referrals from others within the industry and join industry associations. Once you’ve settled on a business name, you’ll need to register your business in the state in which you will do business.

  • Generally, bookkeepers can work in several settings, including accounting firms, financial institutions, small businesses, and government agencies.
  • There are a lot of institutes that offer small business workshops, giving valuable insights on bookkeeping and accounting.
  • While single-entry bookkeeping is simpler, double-entry is more thorough and less likely to produce errors.
  • There are high stakes when managing a business’s financial statements, which can lead to stress.
  • According to the US Bureau of Labor Statistics (BLS), most bookkeepers can learn the profession’s basics in about six months [3].
  • Detail-oriented individuals who enjoy problem-solving, math, and computers may want to become bookkeepers.
  • Register to take the first part of the exam at a Prometric test center near you.

Step 2: Gain bookkeeping skills

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. You may also pursue certification programs or use online courses to become a self-taught bookkeeper. Professionals who are not interested in leadership may also prefer bookkeeping jobs over accounting roles. Bookkeepers focus on day-to-day transactions and operations, whereas accountants are called on to provide financial advice and strategy recommendations. When you have a passion for numbers and details and the ability to focus, bookkeeping can be a fun field to go into.

Get Your Certification

Check out our guide on small business bookkeeping essentials for all the wisdom you need. After getting certified by the American Institute of Professional Bookkeepers (AIPB), you could work in any state without additional training or testing. In addition, it will give you access to valuable resources that can help you grow your career and expand https://www.bookstime.com/ your network of clients and colleagues. Cultivate your desire to learn new things because there’s always something new to discover and learn. The accounting industry is always evolving, and you must roll with the changes if you want to stay in business. Accounting software know-how can make you an even more valuable asset to clients.

  • This is something that Bookkeeper Launch can teach you as part of the real-world problems you’ll learn to solve.
  • Detailed knowledge of accounting principles and best practices is essential.
  • In small businesses, payroll bookkeeping is usually included in bookkeepers’ general duties.
  • You’ll be the one to source out your clients, and you can carefully select the ones you can serve best.
  • Your client expects you to treat them professionally on their behalf.
  • Customers schedule an appointment to have a bookkeeper review their transactions, and  multiple schedules are available to choose from.

Part of your job is to prioritize certain tasks over others and to avoid multi-tasking. You need to be able to focus on one financial situation and not get distracted. Bookkeepers blend their passion for technology with old-fashioned methodologies. For example, they may often use ledger sheets and receipt books alongside calculators, computers, and software programs for accounting, auditing and document management.

should i become a bookkeeper

Accounts Payable/Accounts Receivable

should i become a bookkeeper

Moreover, it also adds a credential to your list of professional accomplishments. Every business needs a bookkeeper as they need to manage their books of accounts effectively. Further, they need to meet the requirements of filing tax returns and financial statements with their local revenue authorities.

Is a bookkeeping certificate worth it?

should i become a bookkeeper

Larger companies or public organizations may hire payroll bookkeepers as a separate role. Certifications aren’t necessary to become a bookkeeper but can signal to employers that you have the training and knowledge should i become a bookkeeper to meet industry standards. After you have a few years of experience, you can earn the Certified Bookkeeper designation from the American Institute of Professional Bookkeepers by passing a series of exams.

What Does the Certified Bookkeeper Exam Cover?

should i become a bookkeeper

Leave a Reply

Your email address will not be published. Required fields are marked *