Every company, even a small one, requires bookkeeping to maintain a healthy financial position. Duties and Responsibilities
A bookkeeper’s duties and responsibilities encompass a range of financial tasks necessary to maintain accurate and organized records for a business or organization. If you’re interested in being a freelance virtual bookkeeper, you can sign up for freelance marketplace websites to connect with potential clients. Freelance jobs can range from quick temporary projects to long-term employment.

Accounts receivable bookkeepers collect money owed to the business and report delinquent accounts. Accountants and auditors are typically required to hold at least a bachelor’s degree (BLS, September 2022). After working in the field for at https://www.bookstime.com/ least a year, CPAs also need to take an exam. To meet the requirements for the CPA exam, some professionals enroll in master’s in accounting programs. Bookkeepers do not have any specific education requirements beyond a high school diploma.

General Ledger Bookkeeper

They may work in an office environment, in a retail store, or even from home. In most cases, bookkeepers work full-time during regular business hours, although part-time and flexible schedules are also common. In addition to moving up into higher-level positions, remote QuickBooks professional bookkeeper Live bookkeepers may also be able to enter into the tax domain by completing Intuit training and certification for taxes. Most remote QuickBooks Live bookkeepers work from home which means you need a reliable hard-wired internet connection and a landline phone.

A bookkeeper is responsible for recording daily financial transactions, updating a general ledger and preparing trial balances for perusal by accountants. They maintain and file requisite documents for taxation compliance. They monitor cash flow and produce financial reports to assist managers in making strategic decisions. Bookkeepers may also assist in running payroll and generating invoices for your company. The American Institute of Professional Bookkeepers offers certification for experienced bookkeepers.