The job roles of accountant and bookkeepers often intertwine, and there are quite a few people who don’t know the difference between the two. Here we will briefly explore the role of the bookkeeper.
A bookkeeper deals with the first step of the accounting process, and is responsible for keeping accurate and complete records of the financial aspects of a business. Bookkeepers are more concerned with record keeping, as opposed to the accountant’s role of analysing the records. Bookkeepers play a vital role in ensuring that payments are made correctly and on time. Other bookkeeping tasks include issuing invoices to customers, recording invoices from suppliers, processing payroll and recording inventory. On a day to day basis, bookkeepers will process sales invoices, receipts and payments and balance accounts using the double entry bookkeeping system.
To qualify as a bookkeeper, one must register as a student with the ICB (which stands for the Institute of Certified Bookkeepers) and sit exams to become certified. Many people teach themselves but it is highly beneficial to attend a taught course, or distance learning to enable that you are learning correctly. After all, bookkeepers have to be accurate with their work. After qualifying, a bookkeeper can expect to earn between £12,000 and £14,000 per annum. More experienced bookkeepers can earn up to £20,000.
To be a bookkeeper, you need to have an eye for detail, the ability to work quickly and accurately, to be honest and trustworthy and be able to work to deadlines. Bookkeepers generally work from 9-5 but many work from home so it’s an ideal career to fit around your lifestyle and other commitments. We offer classroom and distance learning bookkeeping courses, so get in touch if you’re interested or want more information.