What is the difference in salaries between a bookkeeper and an accountant?

Bureau of Labor Statistics, bookkeepers charge the most in the state of Alaska where the average salary is $48,640 per year and $23.39 per hour. South Dakota is on the other end of the scale with local bookkeepers charging $33,970 and $16.33 per hour. Overall, the national average for bookkeepers are $40,662 per year and $20 per hour. The first step in determining how much a bookkeeper will likely cost your business is determining what services you will need them for. Bookkeepers can handle many financial aspects of your business such as generating financial reports, handling accounts payable/receivable, and handling payroll.

The What They Do tab describes the typical duties and responsibilities of workers in the occupation, including what tools and equipment they use and how closely they are supervised. Cost Estimators Cost estimators collect and analyze data in order to assess the time, money, materials, and labor required to make a product or provide a service. Occupational employment projections are developed for all states by Labor Market Information or individual state Employment Projections offices. All state projections data are available at Information on this site allows projected employment growth for an occupation to be compared among states or to be compared within one state. In addition, states may produce projections for areas; there are links to each state’s websites where these data may be retrieved.

Hiring fractional finance and accounting partners

If you opt to pursue certification through a college or university, check with your chosen school’s admissions office to verify the length of the program. Some programs are asynchronous, meaning you’ll pace yourself throughout the course, and you don’t have to log in at any particular time. Both AIPB and NACPB require previous bookkeeping experience to qualify for their courses. Bookkeeping attracts career-minded professionals with its low barriers to entry and strong upward mobility. Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

• Both AIPB and NACPB require previous bookkeeping experience to qualify for their courses.
• While these requirements may sound tedious, they could benefit your career in the long term.
• You can become a bookkeeper right out of high school if you prove you are good with numbers and have strong attention to detail.
• They also prepare tax returns and find ways to cut costs and increase profits.
• As of January 2022, ZipRecruiter reports the national average income for a freelance bookkeeper in the United States is $55,094 per year, or $26 per hour, with higher earners making nearly $100,000.
• The average hourly wage for a Bookkeeper in the United States is $20 as of September 26, 2022, but the range typically falls between $18 and $23.

Candidates in the Houston market may field multiple job offers, so it’s crucial that employers offer an attractive compensation package that includes more than just a competitive salary. Here is a list of some major cities with their corresponding average senior bookkeeper salary according to the Bureau of Labor Statistics.

Bookkeeper Part Time

The Bookkeeper Launch System is made of multiple courses that total about 64 hours of coursework . Bookkeepers.com was originally known as Bookkeeper Launch — the first course they offered specifically designed to walk aspiring bookkeepers through every step of launching their own business. The cost for each of these certifications ranges from $399 for nonmembers, or $319 for members of the NACPB. You can also bundle courses to save 36% as a member and 20% as a nonmember. Since these courses are fairly short, they may not be be enough to help you launch a career right away, but you can get your feet wet and see if bookkeeping is a potential fit. Additional training needed to attain competency in the skills needed in this occupation. Financial Clerks Financial clerks do administrative work, help customers, and carry out transactions that involve money.

• They must be comfortable using computers to record and calculate data.
• Aspiring bookkeepers will benefit from finding a paid internship or an entry-level bookkeeping position like a bookkeeping assistant while they complete their training.
• If you opt to pursue certification through a college or university, check with your chosen school’s admissions office to verify the length of the program.
• In case of major discrepancies, they typically notify senior staff, including accountants and auditors.

Bookkeeping, accounting, and auditing clerks have control of an organization’s financial documentation, which they must use properly and keep confidential. It is vital that they keep records transparent and what is a bookkeeper guard against misusing an organization’s funds. Employers generally prefer to hire candidates who have a high school diploma and have completed college courses in related subjects, such as accounting.