How to become a Bookkeeper?

How to become a Bookkeeper?

What is a Bookkeeper?

  • 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?

  • 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 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.
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