Bookeeping

Updated on March 27, 2012
V.V. asks from Dublin, OH
6 answers

Are any of you a bookeeper? I have been considering training to become a bookeeper because it has the possibility of flexible hours and working from home. Do any of you do it? Where did you get your training from? How much does it pay? Any information would be great! I have my B.S. Sports Administration.

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A.M.

answers from New York on

I am a bookkeeper for now, ONLY because of the flexibility I am offered with it. I have a finance degree and used to make 65,000 a year. Then I had kids and wanted to stay home. So now I make $13 an hour and work about 10 hours A week while my oldest in is preschool. I worked for another person prior to this and made $15 but only worked 3-4 hrs a week. So, if you don't need a lot of $ then it may be for you, but it's certainly not a "career" by any stretch of the imagination. And doesn't take much training. You just need to know quick books or other Accor noting software. But quick books is so easy - I really taught myself and know it very well now.

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T.F.

answers from Dallas on

I keep all the books for our company and always have. My minor was in business and my major was in marketing.

I've been in the same industry working along with hubby (raw materials) for over 20 yrs. So, when we branched out, started and funded our own company in the same industry, my job is the CFO/bookkeeper/jack of all trades other than the actual selling.

I can't tell you what a bookkeeper would make because we own the company and I run the payroll. I would not be paying a bookkeeper what I pay myself monthly. If I hired outside help, it would depend on the training of the person. A perk we have set up for future use is that any employee part or full time would be covered at 100% for any and all medical coverage. I am very picky with my books being perfect and ready for any audit at any time.

I never did any specific "training" for what I do. I just bought Quickbooks pro on the advice of our legal and tax counsel and started figuring it out for myself. I do have a QB "tutor" to help me process things I am not fully comfortable doing which are some of the quarterly reports, W-2's, etc. I pay her $100/hour. If she comes to my house to sit and work with me, she has a 2 hour minimum. Other than that, I email or call with questions and she sends me an invoice about once a month with prorated amounts for the time spend on the phone or on email.

Quickbooks is very user friendly. If you do pursue bookkeeping, I would certainly get fluent with the QB programs as many companies use it for all bookkeeping.

It also depends on the size of the company your are working with. We run about 3.5 million in sales so I am handling a lot of invoicing, accounts payable, etc in large $ amounts.

Good luck to you!

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J.W.

answers from St. Louis on

Bookkeeping does not require a degree or training really and has the pay to prove it. I don't know about doing it from home but don't expect more than 10 dollars an hour.

The hours should be flexible if the employer is flexible. Some employers what all their employees in here between this and this. Others don't care so long as the work gets done correctly.

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A.S.

answers from St. Louis on

When I have done bookkeeping, I had scheduled non-flexible hours and had to go into work. I only got paid $9.00/hour. I didn't have a degree but worked for the company for two years and got promoted to that position.

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M.P.

answers from Portland on

My cousin is a book keeper and she trained at a junior college. She wishes she'd gotten an accounting degree because with one she could earn much more. She does the same thing as an accountant but gets paid half of what an accountant would get.

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L.M.

answers from New York on

I've been a bookkeeper for 30 years. A full charge bookkeeper (accounts payable, accounts receivable, bank reconciliations, general ledger, basic financial statements, payroll, tax forms (941's, sales tax) pays anywhere between $18 and $35 an hour.

There are also many bookkeepers that only get paid $9 to $12 an hour, but they are not "full charge", meaning they cannot do all the items listed above.

I got my training in high school, junior college, and on the job. You'll need to take a college level Accounting I and Accounting II class. You'll also need to be proficient in Excel.

Don't expect to find much work that can be done from home. You'll be working with confidential items that won't be able to leave the office. Depending on your employer, flexible hours are often an option.

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