Bookkeeping is a popular profession that offers several benefits for those employed in this rewarding field. While it might seem challenging and stressful for some, for others it is the perfect career. As pretty much all businesses require some kind of accountant or bookkeeper, the sheer opportunity for employment across several sectors is significant and bookkeepers have a unique role within the organisation they work for.
If you are looking for information in order to help you decide about a career in bookkeeping and are wondering about the kind of training and experience you might need, we’ve outlined a few useful things to get you started!
What Is a Bookkeeper?
A bookkeeper is hired by businesses to keep an accurate record of all of their financial transactions and accounts. The amount of responsibility involved in the role will depend on the type, size and structure of the organisation, however, all bookkeepers are expected to work accurately and efficiently.
You will be required to have a good basic knowledge about all areas of finance, including: accounts receivable, accounts payable, debits, credits and bank reconciliations. You may also be needed to support other aspects of the business such as handling invoices, statements and remittances.
Working as a bookkeeper in a large organization with multiple outlets or sites can be a very different experience to working for a small shop with less than a dozen employees, but the basic skills are relatively transferable between jobs in this career.
You may be naturally great with numbers, but training is usually required for you to be a competent bookkeeper. One of these reasons is that you will need to understand specific ways to handle accounting for commercial processes, as well as learn how to operate specific accounting software and internal financial management systems.
This training could come in many forms, such as a platform specific course for using Sage or QuickBooks, or an online bookkeeping qualification that just teaches you the basics. You can also find courses at various colleges or academies where you can receive a diploma in bookkeeping.
Most businesses will expect a certain level of knowledge and natural skill, but having a recognisable course under your belt will massively improve your chances when looking for work.
Who Can be a Bookkeeper?
One of the great things about the bookkeeping profession is that anyone can train to become one, regardless of experience or age. Some individuals choose to become a bookkeeper later in their life after they have raised children, or sometimes as a part-time gig when they are taking time out from their former profession.
Working as a bookkeeper for a small company can offer greater flexibility compared to many other professions and may allow you to be involved in a rewarding career without giving up 100% of your time. Equally, it is possible to retrain as a bookkeeper and secure a job at a large organisation where your workload is high.
Certification through Institutes and Associations
There are some standout training certifications for those who want to be bookkeepers, these are:
- The Institute of Certified Bookkeepers (ICB), which is the largest bookkeeping institution in the world that offers certificate and diploma courses through accredited providers
- The Association of Accounting Technicians (AAT), which has a range of bookkeeping qualifications
Vocational the Accounting Software Courses
Often being able to use the necessary accounting software efficiently is one of the most important parts of the job. With systems becoming more sophisticated and sometimes complicated for the uninitiated, having trained for the platforms you will use can make all the difference. It is also a sign to employers that you will be an easy fit for the role.
For instance, courses in Sage accounting software can help you navigate the full functionality of the platform and use it to its greatest potential.
Want to Become a Bookkeeper?
We offer a range of vocational courses for individuals looking to develop their skills in the field of accounting and bookkeeping. For instance, Total Training Solutions can help you enrol on the right training program on Sage course in Leeds, Newcastle, London or another part of the UK to prepare you for a career in this rewarding sector. Get in touch with us for more information or details about current sage training courses.