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How Do I Become a Bookkeeper? |
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To become a bookkeeper, you need to have a combination of education and experience in basic accounting. Bookkeepers are responsible for the creation and maintenance of accounting records for small to medium size enterprises. In a medium size company, a person in this position usually reports to a certified public accountant. In a smaller company, he may be the only accounting person on staff. The bookkeeper is responsible for the daily business activities of the company. This role includes banking, reconciliation, accounts payable and receivable, as well as payroll. Although they may be processing the transactions, the annual financial statements must be prepared by a certified public accountant or firm, as a bookkeeper is not certified to create these audited statements. In order to become a bookkeeper, enroll in a certificate of bookkeeping from your local college or university. The courses included in the certificate should be payroll processing and reporting, journal entries, accounts payable and receivable, and at least one accounting software package. There is a minimum amount of accounting theory in these classes. The most important aspect of becoming a bookkeeper is the ability to process the accounting transactions. Explore certificates with a work experience component. These programs help you to become a bookkeeper with the combination of education and experience. Apply for jobs as a bookkeeper in a small firm. Volunteer your bookkeeping skills to a local organization to practice your skills and improve your resume. Contact local accounting services firms and let them know that you are trying to become a bookkeeper. Many accounting firms have a list of clients who rely on them for audited financial statements. They often have bookkeepers on staff to assist small firms with their daily processing. Contact more than one accounting services firm to improve your options and network. After working for two years as a bookkeeper, investigate becoming a certified bookkeeper. This certification requires a minimum of 2 years of experience and the successful completion of a four-part national exam. Certified bookkeepers must sign a code of ethics and are encouraged to complete continuing education credits. As a certified bookkeeper, you should be able to demand a higher salary and obtain clients to support a freelance bookkeeping business. In order to have a sustainable business when you become a bookkeeper, you will need to have several clients. Depending on the size and volume of work required, it is possible to have two medium size clients or a larger number of smaller clients. Advertise your services in the local business directory. Talk to small business owners, doctors, dentists, entrepreneurs, and other start-up businesses. All these firms need to have a bookkeeper to perform basic accounting functions. They may not be able to afford a full-time bookkeeper, but would be happy with a freelance arrangement. Advertise your services and expand your network to continually add to your client list as you become a bookkeeper. Create an professional online presence, listing your services, hourly rate, and information about your credentials and experience. Create business cards and a brochure of your services for distribution to potential clients.
Written by
Carol Francois |
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