A bookkeeper is employed for recording the company’s transactions like sales, purchases, payroll into their system. They maintain a businesses on how finances flow in and out day to day.
What are Bookkeepers role?
Processing sales invoices, receipts and payments
Completing VAT returns
Checking company bank statements
Dealing with financial paperwork and filing
Preparing statements showing income and payments
Checking that accounts are accurate
Preparing wages and managing claims for expenses
Helping to prepare annual accounts
Using computerised accounting systems
Giving administrative support to accountants
How do you become a Bookkeeper?
There are three bookkeeping professional bodies that offer qualification in Bookkeeping:
IAB: International Association of Bookkeepers
ICB: Institute of Certified Bookkeepers
AAT: Association of Accounting Technicians
What skills are required for the role of Bookkeeper?
Pay Attention to details
Oral & Written Communication
What is the salary of a Bookkeeper?
Newly Bookkeepers would be earning around £17,000. The more experienced and qualified earn up to £30,000. They would need to achieve Bookkeeping degrees if they want to be earning higher:
How can Future Connect Training help you in becoming a Bookkeeper?
Future Connect Training offers courses for software like Sage, Xero and QuickBooks (HMRC approved) to ensure that you can record sales & purchases invoices, perform bank reconciliation and submit VAT Returns to HMRC digitally. Furthermore, the government has announced that in 2020 all the businesses with a turnover of £85,000 and above must submit VAT Returns through the accounting software.