Freelance Bookkeeping Jobs From Home 2020. How to work from home like a boss and accountant online job wanted.
More people are seeking ways to work from home. No matter your skill set, there are opportunities to make a living from the comfort of your own home.
Are you good with numbers? Do you like getting detail in google spreadsheets? If you answered yes, then you might be interested in being an at-home bookkeeper.
In today’s article, we are going to talk about Freelance bookkeeping jobs in 2020 by the end of this you will know what does a bookkeeper do? How much you can make as an online bookkeeper? What companies hire this position? We about to find out so sit back relax and enjoy.
➡️ List Companies Hire Bookkeeper ⬅️
What is bookkeeping?
Bookkeeping is essential to keeping a business running smoothly, but what is it exactly?
Businesses need to keep records of their inventory, sales, expenses, and invoices. A bookkeeper manages, tracks, and updates these records.
Their work is important because it assists accounts that review financial information and paint a larger picture of a business’s overall finances.
Bookkeepers do more than just crunch numbers and track receipts. They are in charge of some of the most important tasks in overall accounting.
I can tell you right now bookkeeper is essential for my business because every year I need to file my tax. I need to track my expense, my track my income, and my cash flow. If I don’t have a bookkeeper to keep track of my number how would I know I spend too much. I use a service call bench.co because integration so it makes my life easy. They integration my Shopify e-commerce, my amazon seller, and other income like youtube and affiliate commission.
Again every year I also need to file sales tax for my e-commerce in California even though I am out of the country but my home still in California. A bookkeeper helps me to keep track which sale transaction make in California which sale transaction is not made in California. So that’s my story to tell you that bookkeeper is really important for a small business like me.
What kinds of tasks do bookkeepers do?
The task can be different for bookkeeper and it is depend on the specific job they’re doing. Here’ some of the common job duties for bookkeepers:
- Learn and use bookkeeping software, databases, and spreadsheets, including Excel, Quickbooks, and Freshbooks
- Enter important financial transactions into the appropriate bookkeeping software
- Monitor and keep track of client payments
- Keep track of business expenses via bookkeeping software
- Reconcile discrepancies found in financial records
- Produce financial reports
- Help clients keep track of receipts that document their expenses
- Check financial records for accuracy
- Help clients stay on top of their taxes, including withholding or quarterly tax payments
Now let’s talk about accounting vs bookkeeping
They are not the same, they are two different roles in the finances of business.
The major difference between the two is that bookkeeping is concerned with the particular details of a business’s financial activity while accounting looks at the big picture.
Bookkeeping keeps track of the day-to-day commercial activity of a business. They carefully track and record purchases, sales, inventory, and more. This information is important to keep for financial projections and audits.
Accountants use the information collected by bookkeepers to analyze a business’s overall finances. They arrange the pieces that bookkeepers organize to put together the larger picture of a business’s spending habits and earning potential.
Generally speaking, bookkeeping is a good place to start if you are an aspiring accountant. Bookkeeping has lower barriers to entry and a lower salary than accounting positions. If you interest to become a freelance accountant I make a video about it so make sure you check the video right here.
How much can you make as an online bookkeeper?
Depending on how you are employed as a bookkeeper, your salary may vary. According to Zip Recruiter the national average salary for virtual bookkeepers as $38,193 per year.
like many freelancers, they typically charged by the hour rather than making a steady salary. They start about $17 – $40 per hour but some charge up to $75 per hour.
What skills do you need to be a bookkeeper?
One of the beautiful things about owning your own bookkeeping business is that you do not need any specific certification, degree, or formal training to get started.
These skills are required to be a successful bookkeeper, whether you have your own business, or get a staff job with another company. Here’s they are:
- Attention to detail
- Math
- Problem-solving
- Ability to see the big picture
- Facility with technology
- Commitment to technology
- Great communicators (clients trust you with their bank account information and trust vendors who respond quickly and thoroughly)
- For entrepreneurs: Good at networking, and gaining the trust of new clients
How to become a virtual bookkeeper?
Unlike accounting, bookkeeping doesn’t require any formal education or expensive degrees. Most bookkeepers have an associate or bachelor’s degree in finance, accounting, business, or another related field.
You can become a bookkeeper right out of high school if you are organized and good with numbers. With bookkeeping, you will need to get your foot in the door. The best way to do this is to get an internship as a bookkeeper.
As an intern, you will learn about the bookkeeping software that the company uses and the tasks that bookkeepers do on a daily basis.
After you have worked as a bookkeeper for about two years, you are eligible to become a Certified Bookkeeper.
This certification goes through the American Institute of Professional Bookkeepers, which is an organization that helps maintain industry standards for bookkeeping.
It essentially lets clients know that you’re not some quack off the street who is going to wreck their financial records and run their business into the ground.
If you would like to go even further, you can become a licensed Certified Public Bookkeeper, which goes through the National Association of Certified Public Bookkeepers.
This can help you further your bookkeeping career even more and justify an even higher pay grade.
The bottom line is this becoming certified will allow you to charge more for your services and get you more clients.
What companies hire this position?
There are many sites out there that hire bookkeeper, I will name a few and here they are:
Accountingdepartment.com
If you want a full-time at-home job with benefits, this is one of the first places you should apply. AccountingDepartment.com prides itself on hiring great bookkeepers and controllers, and they offer a full benefits package to their full-time employees.
BookMinders
They provide bookkeeping and accounting services with an emphasis on QuickBooks. One thing to be aware of with Bookminders is the geography restriction: you would need to be within driving distance of Philadelphia or Pittsburgh to be able to work for them.
ClickAccounts
If you’re an accountant or bookkeeper, this website is for you. They only hire in these types of roles. The application involves a resume and cover letter.
BIDaWIZ
Established in 2008, BIDaWIZ is an online platform that gives you the best of both worlds when it comes to working as an employed or freelance bookkeeper. While they only accept accredited tax and accounting professionals, they allow you to work on your own schedule and help you develop a business.
ClickNwork — This website hires for all kinds of professional roles, including bookkeeping. They say in their FAQs to go ahead and apply to work for them, and they’ll be in contact if they have a good spot for you.
Again there’s a lot of companies out there to hire this position. If you want the whole list of the companies I will leave the link below make sure you check it out.
➡️ List Companies Hire Bookkeeper ⬅️
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