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The differences between accountants and bookkeepers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an accountant, becoming a bookkeeper takes usually requires 4-6 years. Additionally, an accountant has an average salary of $54,890, which is higher than the $40,337 average annual salary of a bookkeeper.
The top three skills for an accountant include reconciliations, general ledger accounts and account reconciliations. The most important skills for a bookkeeper are payroll tax returns, customer service, and reconciliations.
| Accountant | Bookkeeper | |
| Yearly salary | $54,890 | $40,337 |
| Hourly rate | $26.39 | $19.39 |
| Growth rate | 6% | -5% |
| Number of jobs | 60,073 | 38,481 |
| Job satisfaction | 3 | 5 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 46% |
| Average age | 44 | 51 |
| Years of experience | 4 | 6 |
An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.
Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work. Bookkeepers manage the entry of items in the general ledger, assign items into their proper categories, and ensure that the entries are balanced. They also act as auditors by checking the accuracy and veracity of the receipts or vouchers in their possession before entering them into the system. Bookkeepers ensure that their files are up to date and free of errors.
Accountants and bookkeepers have different pay scales, as shown below.
| Accountant | Bookkeeper | |
| Average salary | $54,890 | $40,337 |
| Salary range | Between $41,000 And $72,000 | Between $30,000 And $52,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | Meta | NTT Data International L.L.C. |
| Best paying industry | Technology | Manufacturing |
There are a few differences between an accountant and a bookkeeper in terms of educational background:
| Accountant | Bookkeeper | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 46% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accountants' and bookkeepers' demographics:
| Accountant | Bookkeeper | |
| Average age | 44 | 51 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 15.4% Female, 84.6% |
| Race ratio | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5% | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |