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General ledger bookkeeper vs bookkeeper

The differences between general ledger bookkeepers and bookkeepers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a general ledger bookkeeper and a bookkeeper. Additionally, a general ledger bookkeeper has an average salary of $44,940, which is higher than the $40,337 average annual salary of a bookkeeper.

The top three skills for a general ledger bookkeeper include reconciliations, general ledger accounts and CPA. The most important skills for a bookkeeper are payroll tax returns, customer service, and reconciliations.

General ledger bookkeeper vs bookkeeper overview

General Ledger BookkeeperBookkeeper
Yearly salary$44,940$40,337
Hourly rate$21.61$19.39
Growth rate-5%-5%
Number of jobs56,76538,481
Job satisfaction-5
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 46%
Average age5151
Years of experience66

What does a general ledger bookkeeper do?

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.

What does a bookkeeper do?

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.

General ledger bookkeeper vs bookkeeper salary

General ledger bookkeepers and bookkeepers have different pay scales, as shown below.

General Ledger BookkeeperBookkeeper
Average salary$44,940$40,337
Salary rangeBetween $34,000 And $59,000Between $30,000 And $52,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-NTT Data International L.L.C.
Best paying industry-Manufacturing

Differences between general ledger bookkeeper and bookkeeper education

There are a few differences between a general ledger bookkeeper and a bookkeeper in terms of educational background:

General Ledger BookkeeperBookkeeper
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 46%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

General ledger bookkeeper vs bookkeeper demographics

Here are the differences between general ledger bookkeepers' and bookkeepers' demographics:

General Ledger BookkeeperBookkeeper
Average age5151
Gender ratioMale, 28.3% Female, 71.7%Male, 15.4% Female, 84.6%
Race ratioBlack 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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between general ledger bookkeeper and bookkeeper duties and responsibilities

General ledger bookkeeper example responsibilities.

  • Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
  • Report to owner and outside CPA.
  • Prepare cross reference work papers to substantiate journal entries according to GAAP.
  • Organize and maintain bills, receipts, and vehicle logs to send to CPA.
  • Ensure accuracy of financial statements in accordance with GAAP and compliance to internal policies.
  • Prepare investment funds roll forward schedule for annual audit, and reconcile investment relate general ledgers for annual audit.
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Bookkeeper example responsibilities.

  • Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
  • Perform journal entries, balance ledger, perform bank reconciliations, control inventory, coordinate proper guest accommodation.
  • Post and update of daily sales and purchases into QuickBooks system.
  • Execute monthly collection of Medicaid surplus funds from clients on a monthly basis.
  • Post resident receipts, Medicaid remittance, and process adjusting entries to the A/R detail.
  • Work closely with QC personnel for the planning of tooling and the flow process of PWB's.
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General ledger bookkeeper vs bookkeeper skills

Common general ledger bookkeeper skills
  • Reconciliations, 16%
  • General Ledger Accounts, 12%
  • CPA, 6%
  • Bank Statements, 4%
  • Payroll Taxes, 4%
  • Credit Card, 4%
Common bookkeeper skills
  • Payroll Tax Returns, 12%
  • Customer Service, 10%
  • Reconciliations, 10%
  • Data Entry, 7%
  • Journal Entries, 5%
  • Financial Transactions, 4%

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