Expertise.com

Best Bookkeeping Services in Philadelphia

Laurels
Laurels

We did the research for you!

Learn more
  • checkboxLicensing
  • checkboxUser Reviews
  • checkboxMystery Shopping Calls

Bookkeeping Services FAQs

Learn more
Brown's Fulfillment Consulting & Accounting Firm logo
Visit WebsiteWebsite

Brown's Fulfillment Consulting & Accounting Firm

1635 Market Street #1600, Philadelphia, PA 19103
Visit WebsiteWebsite

Business Description

Brown’s Fulfillment Consulting & Accounting Firm serves clients in Philadelphia. The company provides bookkeeping services, which include preparing financial statements, budgeting, and forecasting. It also helps individuals and small businesses with structure consulting, development, and strategic planning, as well as tax preparation. Other services include financial consulting, payroll preparation, and new business and non-profit organization formation. Company CEO Rose Brown is a participant of the IRS Annual Filing Season Program and a certified QuickBooks ProAdvisor.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (8)
Yelp
5.0 / 5 (4)
Google
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Complete Controller - Spaces Rittenhouse Square logo
Visit WebsiteWebsite

Complete Controller - Spaces Rittenhouse Square

1626 Locust Street, Philadelphia, PA 19103
Visit WebsiteWebsite

Business Description

Complete Controller - Spaces Rittenhouse Square serves clients in Philadelphia and nearby areas. The company offers bookkeeping, vendor management, forecasting, and billing services. Document management and record-keeping services are also available, which include the use of a paperless filing cabinet to store important files. The system can be accessed 24/7 using multifactor authentication. Complete Controller has handled bookkeeping for family trusts, non-profit organizations, family offices, small businesses, and households. The firm is a QuickBooks Certified ProAdvisor.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (12)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Davis CPA Group, PC logo
Visit WebsiteWebsite

Davis CPA Group, PC

Lindenwold, NJ 08021
Visit WebsiteWebsite

Business Description

Davis CPA Group, PC is a Lindenwold business that has been serving businesses and individuals in Philadelphia and South Jersey for over eight years. Business services include bookkeeping, write-ups, sales tax preparation, payroll tax preparation, business valuations, and litigation support and consulting. Individual services include estate planning, electronic filing, tax planning, insurance service, and local, state, and federal income tax preparation. Ronald J. Davis is the founder of Davis CPA Group, PC and has more than 25 years of public accounting experience. He is a member of the New Jersey Society of CPAs.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Delaware Valley Computing Services logo
Visit WebsiteWebsite

Delaware Valley Computing Services

Philadelphia, PA 19129
Visit WebsiteWebsite

Business Description

Delaware Valley Computing Services is a Philadelphia business that has been serving small businesses in the Greater Philadelphia area for over 28 years. The business provides electronic bookkeeping which includes bank and credit card reconciliation, deposits, electronic payments, entering bills, and bill scanning. Other services are online backup and managed services.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Dougherty Financial Consultants logo
Visit WebsiteWebsite

Dougherty Financial Consultants

Philadelphia, PA 19145
Visit WebsiteWebsite

Business Description

Dougherty Financial Consultants is a Philadelphia business that serves businesses and individuals in New Jersey and Pennsylvania. The business’ services include bookkeeping, tax preparation, power of attorney, small business accounting, life insurance, payroll, and retirement planning. Jacquey Dougherty is a CPA, a QuickBooks ProAdvisor, and a Senior Advisor with more than 35 years of experience. Dougherty Financial Consultants provides a free insurance quote. Clients appreciate their professionalism and accuracy.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Foresight Business Solutions logo
Visit WebsiteWebsite

Foresight Business Solutions

King Of Prussia, PA 19406
Visit WebsiteWebsite

Business Description

Foresight Business Solutions is a King of Prussia business that has been serving small businesses and individuals for over six years. The business also serves individuals and services include multi-state filing requirements, tax planning, local, state, and federal income tax preparation, real estate income, and business income. Small business and start-up business services include accounting system set-up, income tax preparation, payroll, legal entity selection, bookkeeping services, and controller and consulting services. Clients appreciate their flexibility, professionalism, and customer service.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (17)
Yelp
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Frank H. Slattery & Associates LLC logo
Visit WebsiteWebsite

Frank H. Slattery & Associates LLC

Audubon, NJ 08106
Visit WebsiteWebsite

Business Description

Frank H. Slattery & Associates LLC is an Audubon business that has been serving clients for over 25 years. The business’ services are tax planning and preparation, tax representation, and bookkeeping. Frank H. Slattery & Associates LLC is a member of the American Institute of CPAs and the New Jersey Society of CPAs. Clients remark on their customer service, attention to detail, and honesty.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
JBB & Associates LLC logo
Visit WebsiteWebsite

JBB & Associates LLC

1601 Market Street, 19th Floor, Philadelphia, PA 19103
Visit WebsiteWebsite

Business Description

JBB & Associates LLC offers bookkeeping to customers in Philadelphia. It also provides training for bookkeepers and works with businesses in an advisory capacity. It helps clients with individual tax preparation and not-for-profit and corporate business tax compliance. It also assists in financial statement preparation, analysis, and budgeting. The company has extensive knowledge and experience in business and accounting. It leverages its insight to make its clients’ businesses function better and grow stronger through accounting, marketing, and legal services.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Kim Yeung Ling P.C. logo
Visit WebsiteWebsite

Kim Yeung Ling P.C.

1010 Race Street 1st Fl Suite 3, Philadelphia, PA 19107
Visit WebsiteWebsite

Business Description

Kim Yeung Ling P.C. is a company that caters to individuals and small to medium-sized businesses in the Philadelphia metro and the surrounding areas. It offers a wide range of accounting services, such as bookkeeping, business loan documentation, IRS audit, payroll tax filing, and tax return review and analysis. It also provides strategic corporation formation and business consultation. Kim Yeung Ling, the president, brings over 15 years of accounting experience. He holds a master's degree in business administration.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
Google
4.4 / 5 (25)
Yelp
1.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Lighthouse Certified Bookkeepers logo
Visit WebsiteWebsite

Lighthouse Certified Bookkeepers

100 S Juniper Street, Third Floor, Philadelphia, PA 19107
Visit WebsiteWebsite

Business Description

Lighthouse Certified Bookkeepers provides financial services to individuals, small and large businesses, and other agencies in Philadelphia. It offers a range of accounting solutions, from basic bookkeeping and tax services to managerial accounting and internal controls. It also helps small and mid-sized enterprises set up and train their workforce in Quickbooks, a software package that simplifies the accounting process. The firm engages in continual professional education to improve its technical expertise and financial knowledge.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
NB Advisors, LLC logo
Visit WebsiteWebsite

NB Advisors, LLC

251 Bellevue Ave, Ste 100, Hammonton, NJ 08037
Visit WebsiteWebsite

Business Description

Founded in 1989, NB Advisors, LLC, is a fourth-generation-owned accounting firm that serves small and medium-sized businesses in Philadelphia. Whether a client is in the construction, manufacturing, funeral services, or professional service industry, the firm can help with tax minimization, profitability benchmarking, cash flow increase, and financial retirement and business succession planning. NB Advisors uses a paperless filing system and has been recognized with the NJBA's 2018 Best Online Interactive Tool Award for using the Game Plan software.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Philly Bookkeeping Solutions logo
Visit WebsiteWebsite

Philly Bookkeeping Solutions

230 N 21st St, Philadelphia, PA 19103
Visit WebsiteWebsite

Business Description

Philly Bookkeeping Solutions offers its services to business owners in Philadelphia. The company has been in the industry since 2016, helping individuals grow their enterprises. Its professionals consult the clients to understand them and their business needs and gather the necessary information, such as credit card statements and loan documents. They provide bookkeeping solutions, including reconciling bank statements, addressing backlogs, and setting up QuickBooks files. The company also handles financial management, tax preparation, custom reporting, and bill tracking services.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Google
4.5 / 5 (8)
Facebook
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Resolution Accounting logo
Visit WebsiteWebsite

Resolution Accounting

1700 Market Street Suite 1005, Philadelphia, PA 19103
Visit WebsiteWebsite

Business Description

Since 1999, Resolution Accounting has been providing bookkeeping services to Philadelphia residents. It assists clients in overseeing their company's finances by managing accounts receivable functions, regularly updating books, and handling collections. Its professionals also utilize different account software packages, allowing them to provide outsourced bookkeeping services to companies that still need to hire a permanent bookkeeper. Resolution Accounting is a woman-owned business established by Gina Edwards, an accounting and economics professional with more than 25 years of experience in the industry.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
SKB Accounting logo
Visit WebsiteWebsite

SKB Accounting

Bala Cynwyd, PA 19004
Visit WebsiteWebsite

Business Description

SKB Accounting is a Bala Cynwyd business that provides bookkeeping and accounting services to individuals, start-ups, and small and medium-sized businesses. Services include part-time CFO services, cash flow management, payroll, accounting and bookkeeping, strategic business planning, new business formation, QuickBooks set-up and training, tax planning and preparation, tax problems, and personal financial planning.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (42)
Facebook
5.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
TAX PA logo
Visit WebsiteWebsite

TAX PA

Philadelphia, PA 19116
Visit WebsiteWebsite
  • tax prepartion
  • Payroll

Business Description

TAX PA is a Philadelphia business that provides services to individuals and businesses. Services include accounting and bookkeeping, tax planning and preparation, IRS representation, QuickBooks services, payroll services, and new business advisor services. George Matthew is an Enrolled Agent and has over 38 years of accounting experience. TAX PA has several affiliations and memberships including the National Association of Tax Professionals, the American Payroll Association, the National Society of Accountants, the Better Business Bureau, and the Pennsylvania Society of Public Accountants. TAX PA is open seven days a week.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Yelp
5.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
The Bottom Line Inc. logo
Visit WebsiteWebsite

The Bottom Line Inc.

4116 Houghton Street, Philadelphia, PA 19128
Visit WebsiteWebsite

Business Description

The Bottom Line Inc. is a company that serves individuals and small businesses in the Philadelphia metro and the surrounding areas. It helps clients keep the financial side of their businesses updated by offering bookkeeping and write-up services. It also provides accounting software selection and implementation, IRS representation, sales tax management, and tax preparation and planning. The Bottom Line is a member of the National Association of Tax Professionals and the Pennsylvania Society of Tax & Accounting Professionals.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.1
Google
3.7 / 5 (9)
Facebook
4.5 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
The Neve Group Ltd. logo
Visit WebsiteWebsite

The Neve Group Ltd.

Philadelphia, PA 19103
Visit WebsiteWebsite

Business Description

The Neve Group Ltd. is a Philadelphia business that serves businesses in King of Prussia, Norristown, Plymouth Meeting, Blue Bell, Conshohocken, Philadelphia, and surrounding areas. The CPA firm provides bookkeeping and accounting, tax planning and preparation, practice management, and valuation services to healthcare providers such as dentists and doctors. Ernest G. Neve has more than 20 years of accounting experience.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (16)
Facebook
4.6 / 5 (10)
Yelp
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
VEP Associates Professional Services logo
Visit WebsiteWebsite

VEP Associates Professional Services

Jenkintown, PA 19046
Visit WebsiteWebsite

Business Description

VEP Associates Professional Services is a Jenkintown business that has been serving small and medium-sized businesses and individuals for over 38 years. The business’ services are bookkeeping and accounting, travel planning services, and event planning and management. Bookkeeping and accounting services include QuickBooks training, income tax preparation for businesses and individuals, and business organization set-up. President and CEO Vera E. Primus is a member of several associations such as PA Society of Public Accountants, Professional Travel Agents of North America, the Multicultural Affairs Congress, and the Outside Sales Support Network.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Weisz Accounting Services logo
Visit WebsiteWebsite

Weisz Accounting Services

2040 S. 13th Street, Philadelphia, PA 19148
Visit WebsiteWebsite

Business Description

Weisz Accounting Services offers various solutions to taxpayers living in Philadelphia. The firm assists clients in processing their books, filing their taxes, and weathering audits by the IRS. The team takes a deep look into patrons' financial reports to help them minimize their tax liabilities and optimize profit margins. Weisz Accounting Services is a family-owned establishment opened in 1952 by Richard Weisz. It is currently led by his grandson Jason Weisz, who has a financial planning background.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.6 / 5 (22)
Facebook
5.0 / 5 (12)
Yelp
5.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Zinman & Company PC logo
Visit WebsiteWebsite

Zinman & Company PC

Southampton, PA 18966
Visit WebsiteWebsite

Business Description

Zinman & Company PC is a Southampton business that serves individuals and businesses in Montgomery County, Camden County, Bucks County, Chester County, and other areas. Services include accounting and bookkeeping, financial reporting, financial statements, payroll services, supervisory services, business start-up services, business tax planning, IRS dispute resolution, and family and individual tax.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (18)
Yelp
5.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Back to Providers

Frequently Asked Questions

Introduction

Hiring a bookkeeper can free up your time so you can focus on running your business. However, handing off this type of duty can feel like handing off private company information to an outsider. So, to counter that feeling, choose a bookkeeper who is experienced and reputable. When you’re considering handing off bookkeeping duties, it can build trust if you know you’re dealing with a professional.

Bookkeepers typically have specialized record keeping and accounting knowledge. Entering transactions in the correct ledger column and preserving records to be able to access later are two important bookkeeping functions. The knowledge about how to manage numeric data properly guides a bookkeeper when processing and filing information for your small business. Some bookkeepers offer additional accounting-related and HR-related services beyond basic bookkeeping.

What is bookkeeping?

Bookkeeping is the technique that’s used to record every financial transaction a business makes. Bookkeepers typically use either paper ledgers or bookkeeping software to record every penny a business spends and receives. Funds going into or out of all major and minor accounts are recorded, but analytical reports aren’t generally created as part of the bookkeeping process.

What does a bookkeeper do?

Without taking over accounting functions, bookkeepers do the basic management tasks for a firm’s accounting ledgers. Transactions, which are also referred to as journal entries, are recorded by the bookkeeper. Bookkeepers also generate financial statements for businesses, typically by printing out a spreadsheet or series of spreadsheets.

What is the difference between bookkeeping and accounting?

Bookkeeping is a basic accounting function, but it isn’t as in-depth and all-encompassing. Bookkeeping forms the basis for accounting processes, and it’s based on performing clerical duties. Accounting is more in-depth and analytical. Bookkeepers accurately record financial data, and accountants use the recorded data to summarize and evaluate the company’s transactions.

Can bookkeepers do tax returns?

Bookkeepers do not typically do tax returns. However, bookkeepers do perform some tax-related functions such as processing 1099s and some basic tax records for employees. Additionally, bookkeepers make tax preparation easier for others by organizing and accurately maintaining the financial records that are used by tax accountants when preparing taxes.

Do bookkeepers do payroll?

Some bookkeepers perform payroll functions for employers, but it isn’t a standard part of the job for most bookkeepers. Payroll tasks typically fall under the set of tasks that a human resources department handles. Bookkeeping agencies sometimes offer packages that include managing payroll and tax forms for businesses.

What is a full charge bookkeeper?

Small businesses sometimes hire a full charge bookkeeper to take responsibility for all the company’s accounting processes. In addition to reconciling ledgers and banking statements, these bookkeepers answer phones, collect money, and pay debts on behalf of companies. Full-charge bookkeepers also manage payroll duties and some types of tax preparation and remittance.

What is a virtual bookkeeper?

A virtual bookkeeper works remotely to perform standard bookkeeping functions. Tasks like ledger entries can be managed from an offsite location via web-connected computers. Businesses sometimes choose virtual bookkeepers rather than hiring one to work on site. This can be a cost-cutting option or a way to save time for business owners.

What can a bookkeeper not do?

While some bookkeepers may offer advanced accounting functions, bookkeepers normally do not handle tax preparation and managerial accounting processes. Accountants undergo advanced training to be able to harvest technical information from business records. Bookkeepers typically don’t. This information processing can include running ratios and performing advanced mathematical problems that are not a standard part of bookkeeping.

What does a bookkeeper do for a small business?

Bookkeepers record transactions, generate reports, and handle basic accounting functions for small businesses. The information managed by a bookkeeper can help a business owner track profitability and effectively manage cash flow. By performing the basic accounting processes, a bookkeeper frees up the small-business owner to handle other business management tasks.

How much do bookkeepers charge?

Bookkeepers charge an average hourly rate of $20. Both in-house bookkeepers and virtual bookkeepers may charge slightly more or less per hour, with an average range from $18 to $24. Bookkeeping agencies are more likely to charge businesses on a monthly basis, which can be more cost effective for some small businesses.

Is bookkeeping hard?

Bookkeeping is not hard for people who are good at paying attention to details and who have been properly trained in basic accounting processes. It’s a job that requires accuracy and a great deal of focus to be performed properly. Additionally, a bookkeeper must know the difference between accounts receivable and accounts payable to do the job.

Is bookkeeping a dying profession?

Bookkeeping isn’t a dying profession. It’s one of the core functions of all accounting processes. Bookkeepers do, however, need to adapt to new accounting software programs to stay relevant and effective. The bookkeepers who develop solid technological skills and stay on top of technological advances in the industry can typically expect to remain in demand.

What is double entry bookkeeping?

Double entry bookkeeping is a type of accounting that uses two columns to account for every penny a business spends or earns. One column is the debit column, and it is used to record every penny a business earns. The other column is the credit column, and it’s used to record every penny spent.

How to become a bookkeeper?

To become a bookkeeper, earn your high school diploma and then enter a bookkeeping training program. These programs can be found over the internet or in brick-and-mortar settings. Some colleges offer bookkeeper or accounting clerk certifications. Some accounting software providers also offer training courses to help potential bookkeepers use the offered software.

How to become a certified bookkeeper?

Bookkeeping certification can be earned by taking and passing a certification course. There are also some organizations that test candidates for bookkeeping skills, such as the American Institute of Professional Bookkeepers and the National Bookkeepers Association. This certification differs from the advanced certification an accountant must earn, which is referred to as a CPA.

How much do bookkeepers make?

Bookkeepers make an average annual salary of $42,410 or $20.29 per hour based on a full-time work schedule. The low end of the pay scale for bookkeepers is $27,050 per year, and the ones earning the most can earn as much as $63,900 per year.

What skills should a bookkeeper have?

Bookkeepers should have strong math and critical thinking skills. They should also be good at paying close attention to details. A minimum of basic accounting skills is also critical for success as a bookkeeper. Additionally, it helps to understand double-entry accounting and to have a working knowledge of computers and accounting software programs.

Do bookkeepers need insurance?

Bookkeeping agencies and bookkeepers who work as independent contractors should have professional liability insurance. This type of insurance protects a bookkeeper from the type of risks that aren’t covered by general commercial liability policies. These risks include lawsuits over any type of loss a client incurs over bookkeeping errors.

Read all FAQs