All About Bookkeeping

Those who work in bookkeeping maintain the financial records of a business. Their primary job is to complete the basic accounting tasks that are necessary to keep the financial journal and general ledger of a business up-to-date. Even though a bookkeeper does many of the tasks that an accountant would do, the job is basically entry-level and the educational requirements are lower. The U.S. Bureau of Labor Statistics (BLS) tags the bookkeeper as making a median salary of $34,030 per year and can expect a 14% job growth rate through 2020 which is about as fast as average.[1]

It is vitally important to be informed!
Be sure to request information from more than one school in order to compare which program is best for you.

Popular Schools — Or Choose A State —>

Matching School Ads
  • Online MBA program ranked 6th in the USA by CEO magazine.
  • In a university-sponsored survey, 4 out of 5 alumni reported being satisfied with their experience.
  • #1 Online School for military veterans according to Military Times.
  • 75,000+ graduates across all industries offer extensive networking opportunities.
  • My Unique Student Experience (M.U.S.E.) lets students watch, view, read, or hear content.
  • Smartphone app available for on-the-go learning.

Programs:

  • Master of Science in Accounting
  • Bachelor of Science in Accounting
  • Master of Business Administration - Accounting
  • And more...

Centura College, with campus locations in Virginia, South Carolina and Florida, is dedicated to helping students gain the skills and attitudes necessary to succeed. Drawing from over 30 years of career school experience.

Programs:

  • Associate of Applied Science Degree in Business-Concentration in Accounting Administration
Locations: Newport NewsChesapeake

Fortis Institute can give you the skills you need to train for a career in the healthcare field.

* Programs vary by location

* Please contact each individual campus for accreditation information


Programs:

  • Associates in Business Management - Accounting
Give your career a boost with an education from Southern New Hampshire University. We offer certificates, bachelor's, master's, and doctoral degrees in over 100 programs in a wide variety of subjects.

Programs:

  • MS Accounting - Auditing
  • MS Accounting - Taxation
  • MS Accounting/Finance
  • And more...

You’re serious about success. With your busy schedule and the desire to move your career forward, you can earn an accredited associate, bachelors or master’s degree at a pace that works for you anywhere, anytime, 24/7.

At AIU, the Serious U, you can get started to get ahead.

Programs:

  • Bachelor of Accounting
  • Bachelor's (BBA) - Accounting
  • Bachelor's (BBA) - Forensic Accounting
  • And more...

Grantham University's 100% accredited online degrees are convenient, portable and designed so you can fit education into your life instead of arranging life around your education. 

Programs:

  • Bachelor of Science in Accounting

Liberty University provides a world-class education with a solid Christian foundation, equipping men and women with the values, knowledge, and skills essential for success in every aspect of life.

A liberal arts institution with 16 colleges and schools, Liberty offers programs in fields such as medicine, religion, law, aviation, cinematic arts, psychology, business, and more. Part of the Big South Conference, Liberty fields 20 NCAA Division I athletic teams and 32 Club Sports teams, offering fans an unparalleled college sports experience.

Programs:

  • MS in Accounting
  • MBA - Accounting
  • BS in Business - Finance

Earn your graduate degree online with Northcentral University.  We offer online programs focused on doctoral and master’s degrees in the schools of business and technology management, education, psychology and marriage and family sciences.

 


Programs:

  • Advanced Accounting - PhD in Bus. Admin.
  • Advanced Accounting - D.B.A.
  • Financial Management - PhD in Bus. Admin.
  • And more...
Learning at Full Sail University has always centered around interaction and the exchange of ideas. Our online curriculum fully embraces this philosophy. We have developed our own online learning environment with the aim of being the most people-focused education experience on the web.

Programs:

  • Innovation & Entrepreneurship, Master of Science (Online)
Earn your Master's degree online from a prestigious and innovative university. Norwich University offers programs in Justice Administration, Civil Engineering, Military History, Business Administration, Diplomacy, and more.

Programs:

  • Master of Business Administration Online

Bookkeeping CertificationBookkeepers no longer use bound paper journals and general ledgers to do their jobs. Today, they use sophisticated software packages to post the daily financial transactions of a business. They use the double entry method of recording transactions where there is a balanced debit and credit for each. They also adhere to generally accepted accounting principles or GAAP as it is known in the accounting profession.

They take the day’s receipts and payments and enter them into software programs (or spreadsheets) so that the transactions can be posted to the general ledger. Large businesses have nightly posting computer runs and the next day the bookkeeper checks that everything ties down and balances.

Those who work in bookkeeping check reports each day and work to resolve discrepancies. At the end of the month, they prepare reports to upper level management that indicate the financial health of the company. These reports go by names such as cost of goods sold and income statements.

A person can enter the bookkeeping field with only a high school diploma. However, employers would like to hire someone with some basic education in accounting. Once employed, bookkeepers gain experience on-the-job. They can continue their education and get a bachelor’s degree in accounting which will open more doors to them. There is also a certification program available through the American Institute of Professional Bookkeepers and requires two years of experience before sitting for the exam.

Bookkeepers work for businesses that don’t outsource their accounting services. They work in an office environment during normal business hours but may incur overtime during end-of-month/end-of-year reporting cycles and at tax season.

Working as a bookkeeper gives the on-the-job experience necessary to move up to the accountant level. It gives you the chance to test the waters and see if this is the career for you. If you believe it is the career for you then check out the educational opportunities available and get enrolled today.



[1]    Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2012-13 Edition, Bookkeeping, Accounting, and Auditing Clerks, on the Internet at http://www.bls.gov/ooh/office-and-administrative-support/bookkeeping-accounting-and-auditing-clerks.htm (visited June 07, 2013).

Image Source: BLS.gov