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Average Salary For a Bookkeeper

Based on recent jobs postings on Zippia, the average salary in the U.S. for a Bookkeeper is $40,337 per year or $19 per hour. The highest paying Bookkeeper jobs have a salary over $52,000 per year while the lowest paying Bookkeeper jobs pay $30,000 per year

Updated January 26, 2023
Average Bookkeeper Salary
$40,337 yearly
$19 hourly
$30,000
10%
$40,337
Median
$52,000
90%

5 Common Career Paths For a Bookkeeper

Accountant

An accountant is a professional 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.

Accounts Payable Clerk

An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.

Charge Bookkeeper

A full charge bookkeeper's primary job is to manage and handle all the accounts of a small or medium-sized business. They are responsible for overseeing the accounting duties for a company, including billing customers, preparing bank statements and tax returns, and processing timesheets. Also, a full charge bookkeeper collates and enters vendor expenses, maintains the ledger's accuracy, and process accounts receivables. There are specific requirements you should meet to become a successful full charge bookkeeper, such as having a bachelor's degree in accounting, previous work experience as a charge bookkeeper, and bookkeeping certification.

Staff Accountant

Staff accountants are employees who are part of the company's accounting department. They are usually certified public accountants (CPAs). Staff accountants should be familiar with accounting tasks. Previous accounting experiences play a huge advantage in their success. They perform a variety of accounting responsibilities such as information verification and analysis, financial report preparation and presentation, financial account reconciliation, billing and payment receiving activities, vendor database management, and invoice processing requirements. They should also know how to do bookkeeping. Staff accountants should have good communication skills, analytical skills, and decision-making skills. They should also be organized and trustworthy since they will be handling confidential information.

Substitute Teacher

Substitute teachers are responsible for filling in the role of regular teachers who will not be able to come to school. They may be engaged short-term or long-term, depending on the need. Substitute teachers should have a deep understanding of the topics that are related to the subject matter and are appropriate to the learning level of the student. They should be able to advance the lessons while the regular teacher is unavailable. At times, they are required to create their own lesson plans. Substitute teachers should have the skills of regular teachers. They should also be flexible and adaptable.

Illustrated Career Paths For a Bookkeeper

Bookkeeper Jobs FAQs

Can A Bookkeeper Make 100k?

Yes, you can make $100,000 per year as a bookkeeper. While possible, it is unlikely to earn over $100k as a bookkeeper because even higher-paid positions do not typically earn more than $51,000 per year. The average annual salary for a bookkeeper is $40,168.

Is Bookkeeper A Hard Job?

No, being a bookkeeper is not a hard job. While every position comes with its challenges, being a bookkeeper is typically a straightforward position that is satisfying to perform.

The job mainly involves categorizing spending and earnings properly and entering financial information into accounting systems. Bookkeepers may have different responsibilities depending on the needs of the companies they work for or their clients.

What Should A Bookkeeper Be Paid?

A bookkeeper should be paid between $20 and $40 an hour. The actual rate a company pays its bookkeeper largely depends on what the company needs from a bookkeeper.

More financially complex business models may require a business to pay more for a bookkeeper who has more experience and skill.

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