The median annual salary for bookkeeping, accounting, and auditing clerks was $28,570 in 2004, according to the Bureau of Labor Statistics.Īmerican Institute of Professional Bookkeepers Earnings and Benefitsīookkeeping salaries vary by region and industry. Some of these workers belong to labor unions that are active in their industry. Some overtime may be expected during periodic book balancing and at the end of the fiscal year. ![]() The pace of the work is steady and often repetitive, particularly for bookkeeping clerks. Most bookkeepers work a standard forty hours per week. However, the turnover rate among bookkeepers is high, so there should be jobs available. Though the demand for accounting services will continue to grow, the increased use of computers and bookkeeping and accounting software in the office has eliminated much of the need for bookkeepers. Employment of bookkeepers was expected to grow more slowly than average for all occupations through the year 2014. Bureau of Labor Statistics, bookkeepers, accounting clerks, and auditing clerks held two million jobs in 2004. General bookkeepers may advance if they assume other responsibilities.Īccording to the U.S. Bookkeepers who takeĬourses in college accounting may go on to become accountants. Talent, training, and experience all help determine a bookkeeping clerk's chances for promotion. Advancement Possibilities and Employment Outlookīookkeeping clerks usually begin by recording routine transactions. Even if there are no job openings at the time of applying, candidates may be considered for future openings. If interested in a government job, apply to take the necessary civil service test.īecause almost every business has at least one bookkeeper, prospective workers might try applying to any firm that interests them. Other jobs may be listed with state and private employment agencies, on Internet job sites, and in newspaper classified ads. School placement offices may be able to help a student find a position as a bookkeeper. Many colleges offer preparatory courses for these exams. In order to obtain the certification, a bookkeeper must pass three exams and adhere to a code of ethics. The certification ensures employers that bookkeepers can carry out all standard bookkeeping duties. Reproduced by permission.)īookkeepers with two years of bookkeeping experience can obtain a Certified Bookkeeper designation, which is awarded by the American Institute of Professional Bookkeepers. Once on the job, a bookkeeper with some business education beyond high school will have a better chance for advancement.īookkeepers at small companies have many responsibilities and tasks, including determining whether their company has made a profit or suffered a loss. An aptitude for mathematics and the ability to concentrate on detail are basic requirements. Many employers prefer to train bookkeepers themselves. The ability to use a computer is essential, and knowledge of basic spreadsheet and database programs is helpful. Good performance in business subjects such as business software, typing, accounting, bookkeeping, and business mathematics is an asset. Some employers prefer to hire junior college or business school graduates for the position of full-charge bookkeeper. Education and Training RequirementsĪ high school education, with emphasis on business math, bookkeeping, and accounting, is needed to get a job as a bookkeeper. As such, many offices now require bookkeepers to take on additional responsibilities, such as payroll, customer service, or billing. The widespread use of computers and bookkeeping programs has dramatically cut down on the amount of time required for bookkeepers to perform their bookkeeping duties. ![]() Auditing clerks check records posted by other workers to make certain they are correct. Responsible for the ledger that records the firm's sales of goods and services, whereas accounts payable clerks are responsible for the ledger that records the firm's purchases of goods and services. Each area is handled by one or more bookkeeping clerks, also called accounting clerks, who are supervised by a head bookkeeper. Large firms break down the bookkeeping responsibilities into specialized areas. In addition to keeping records, general bookkeepers may prepare payrolls, tax reports, and customers' monthly invoice statements. When the books are balanced, it is possible to tell at a glance how much cash has been spent and how much received, what the company owes and what is owed to the company, and whether the company has made a profit or suffered a loss. ![]() Periodically, a general bookkeeper balances the books. They then summarize these details in a general ledger. General bookkeepers verify and enter into ledgers the details of their firm's financial transactions. Most small firms have one general bookkeeper, also called a full-charge bookkeeper.
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