The demands of constant phone calls from the school, doctor appointments, and school appointments for this one child were overwhelming for a 9-5 job. “Before starting my business, I was stuck in a corporate accounting department desperate for flexibility as I have a child with ADHD and anxiety. She is now on track to make $75,000 in her second year with 15 clients, and her goal is to reach $100,000 next year. In her first year working from home as a bookkeeper, she made $50,000 with 10 clients. Jenna left her corporate career to have more flexibility, and she never looked back. Whether you want to make extra money or build a virtual bookkeeping business without working too many hours, bookkeeping could be the perfect choice for you.ĬASE STUDY 1: How Jenna from ACE Accountable Bookkeeping left her corporate career and is on track to make $75,000 in her second year as a bookkeeper This incredible earning potential is what makes bookkeeping a strong option to consider if you want to work part-time or full-time from home. According to QuickBooks, if you work from homeas a freelancer, you can earn $69 to $82 per hour once you gain experience. Which means you could earn around $40,000 per year as a rookie.īut remember, this is how much you can normally make if a company employs you. How much does a bookkeeper make?ĭid you know that according to Entrepreneur Magazine, bookkeeping is the #1 most profitable business you can start from home?Īs an entry-level bookkeeper, you can expect to earn anything between $18 to $23 per hour. The most significant difference between accounting and bookkeeping is that accounting involves interpreting and analyzing data, and bookkeeping is all about recording transactions. So, what is the difference between a bookkeeper and an accountant? producing financial reports for record-keeping purposesĪfter recording the transactions, an accountant will generally review the bookkeeper’s work, analyze the data, and make adjustments before submitting the accounts.As a bookkeeper, you will be responsible for recording any type of financial transaction and helping businesses keep track of how much money comes in and goes out every month. Manage accounts payable and receivable.Before we find out how you can become a bookkeeper, we need to answer a few questions fundamental questions! What does a bookkeeper do every day?īookkeepers manage and track income and expenses for companies and small businesses.Ensure compliance with applicable laws and regulations.Prepare financial reports for management and other stakeholders.Reconcile and maintain balance sheet accounts.Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents.Maintain financial records and ensure that financial transactions are properly recorded.We are looking for someone who is detail-oriented and able to work independently in a fast-paced environment. The ideal candidate should have a strong understanding of accounting principles and procedures, as well as excellent organizational and communication skills. The successful candidate will be responsible for maintaining accurate financial records, preparing financial reports, and reconciling accounts. We are looking for an experienced Bookkeeper to join our team.
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