bookkeeping salary

You will also learn about essential programs like a pay stub generator and how to use them as they relate to your position. In all, you will get a chance to dip your toe into a role as a bookkeeper. Pilot is not a public accounting firm and does not provide services that would require a license to practice public accountancy. A common rule of thumb is that the real cost of an employee is 1.25 – 1.4x their salary – and possibly higher, depending on your local market conditions.

Learn how to work from home, earn good money and be your own boss with the #1 most profitable little business. If you are new to online bookkeeping and want to find some gigs easily, try out Fiverr. Fiverr is an online job board where you can list your bookkeeping experience for people to view online. 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 distinction can help you further your bookkeeping career even more and justify an even higher pay grade.

What is the minimum hourly rate of pay?

This post details how to start a bookkeeping business, and find and grow clients. To help you picture different scenarios, I created a client calculator spreadsheet that you can download below. You can input your annual financial goal for your bookkeeping business, then, fill in different types of clients to see how that affects your income. 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. As an intern, you will learn about the bookkeeping software that the company uses and the various tasks that bookkeepers do on a daily basis.

Bookkeepers also received higher pay in the District of Columbia than in any state. At $51,440 per year, however, bookkeepers’ income fell short of average accountant pay by almost $36,000. The top-paying state for bookkeepers was Connecticut, where salaries averaged $42,190 per year.

The Differences Between Bookkeepers vs. Accountants vs. CPAs

Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals retail accounting or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. The process of maintaining certification can help you keep your skills sharp over time as well.

bookkeeping salary

Whether it’s working remotely full-time or freelancing, 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. One of the most popular work-from-home jobs is online bookkeeping jobs. If you want your books to be taken care of without direct management by you, outsourcing is the way to go. That said, being outside a major metro doesn’t necessarily mean low salaries.

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