Bookkeeper: Job Description and Duties

Topics: Accountancy, Accountant, Certified Management Accountant Pages: 4 (1676 words) Published: October 14, 2013
Bookkeeper
Job Description and Duties: There are many duties that a bookkeeper must carry out in the duration of a fiscal period. Some of their tasks include monitoring all of the money spent and received in a company, preparing bills and invoices, calculating the costs of supplies, and recording the amounts onto a digital database.1 In terms of budgeting, a bookkeeper may also have to estimate how much money the company will spend and receive in the future.2 Depending on the size of the company, the responsibilities of a bookkeeper can vary. For example, a bookkeeper for a small company would be in charge of looking after all aspects of the company’s finances but a bookkeeper for a larger company would be in charge of looking after one only one aspect of the company’s finances, such as Accounts Receivable.3 In order for the management to determine how the company is performing, bookkeepers must write reports that summarize the company’s finances.4 Education Required: It is suggested that in high school, a student should take as many business and math courses as possible to broaden their knowledge on accounting and business aspects.5 Different companies may have different education requirements although there aren’t any specific requirements but, considering the importance of good communication and social skills, English and other language classes are highly recommended as well. Most programs and courses at colleges in the field of bookkeeping and accounting last about 1-2 years on average.6 Training Required: Technical training may be an alternative, outside of college.7 Although there are not any training requirements, any experience in an office environment gives a person a better chance at obtaining a job in bookkeeping. Salary Range: Normally, a starting salary for a bookkeeper ranges from $18,000.00 to $25,000.00 annually.8 After gaining many years of experience and hands on training, a bookkeeper can make up to $60,000.00 or more a year.9 However, the...
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