Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between general ledger bookkeepers and accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a general ledger bookkeeper, becoming an accountant takes usually requires 2-4 years. Additionally, an accountant has an average salary of $54,890, which is higher than the $44,940 average annual salary of a general ledger bookkeeper.
The top three skills for a general ledger bookkeeper include reconciliations, general ledger accounts and CPA. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.
| General Ledger Bookkeeper | Accountant | |
| Yearly salary | $44,940 | $54,890 |
| Hourly rate | $21.61 | $26.39 |
| Growth rate | -5% | 6% |
| Number of jobs | 56,765 | 60,073 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 71% |
| Average age | 51 | 44 |
| Years of experience | 6 | 4 |
A general ledger bookkeeper conducts daily recording and maintenance of all of a business' financial transactions. These transactions include purchases, expenses, invoices, sales revenue, and payments, all of which are summarized in the general ledger. They are expected to prepare journal entries and ensure data is accurate. Furthermore, at the end of a specific period, they are expected to transfer the entries to the ledger. They ensure that the transactions reported meet accounting standards.
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.
General ledger bookkeepers and accountants have different pay scales, as shown below.
| General Ledger Bookkeeper | Accountant | |
| Average salary | $44,940 | $54,890 |
| Salary range | Between $34,000 And $59,000 | Between $41,000 And $72,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | New York |
| Best paying company | - | Meta |
| Best paying industry | - | Technology |
There are a few differences between a general ledger bookkeeper and an accountant in terms of educational background:
| General Ledger Bookkeeper | Accountant | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 71% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between general ledger bookkeepers' and accountants' demographics:
| General Ledger Bookkeeper | Accountant | |
| Average age | 51 | 44 |
| Gender ratio | Male, 28.3% Female, 71.7% | Male, 38.2% Female, 61.8% |
| Race ratio | Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.1% American Indian and Alaska Native, 0.6% | 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% |
| LGBT Percentage | 7% | 7% |