What are Bookkeepers role?
- Balancing Accounts
- 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
- Teamwork
- Administration
- Customer Service
- Maths
- Oral & Written Communication
- Computerised Accounting
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's Practical Training can Help 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.