WHAT IS A BOOKKEEPER?

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What do I need to study to become a Bookkeeper?

Mentor Education

Build your specialist accounting and business knowledge with the Advanced Diploma of Accounting (FNS60217) from Mentor Education. Learn about governance, statistical analysis, legal principles and financial reporting.

FNS60217

Advanced Diploma of Accounting

Build your specialist accounting and business knowledge with the Advanced Diploma of Accounting (FNS60217) from Mentor Education. Learn about governance, statistical analysis, legal principles and financial reporting.
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Swinburne Online

Build in-demand business skills to help solve problems with this online Bachelor of Accounting course from Swinburne Online.

Swinburne Online

Take the first step in an exciting career tacking strategic financial problems with this online Bachelor of Business (Accounting and Finance) course. 

Foundation Training Australia

Gain a greater understanding of the finance industry and develop entry-level skills with a Certificate III in Accounts Administration (FNS30317) from Foundation Training Australia.

FNS30317

Certificate III in Accounts Administration

Gain a greater understanding of the finance industry and develop entry-level skills with a Certificate III in Accounts Administration (FNS30317) from Foundation Training Australia.
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MCI Institute

Get essential skills for a rewarding career in the financial services sector with this online Certificate IV Financial Services (FNS41815) from MCI Institute.

Foundation Training Australia

Gain professional skills and become a qualified bookkeeper with a Certificate IV in Accounting and Bookkeeping (FNS40217) from Foundation Training Australia.

The National Finance Institute

Kickstart a rewarding career with the industry knowledge and specialist skills gained through this Certificate IV in Accounting and Bookkeeping (FNS40217) from NFI.

MCI Institute

Gain skills and core competencies to help you begin a career in accountancy or bookkeeping with this self-paced online Certificate IV Accounting and Bookkeeping (FNS40217) from MCI Institute.

FNS40217

Certificate IV in Accounting and Bookkeeping

Gain skills and core competencies to help you begin a career in accountancy or bookkeeping with this self-paced online Certificate IV Accounting and Bookkeeping (FNS40217) from MCI Institute.
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It only takes a minute!
Monarch Institute

Take the next step in your accounting career with this online Diploma of Accounting (FNS50217) from Monarch Institute and achieve your goals.

Mentor Education

Study this Diploma of Accounting (FNS50217) course and learn key accounting processes and methodologies.

You will cover tax, management accounting, legal principles and the use of complex spreadsheets and preparation of financial reports in this online diploma program.

FNS50217

Diploma of Accounting

Study this Diploma of Accounting (FNS50217) course and learn key accounting processes and methodologies. You will cover tax, management accounting, legal principles and the use of complex spreadsheets and preparation of financial reports in this online diploma program.
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The National Finance Institute

Develop your professional skills and take your career in finance further with this online Diploma of Accounting (FNS50217) from NFI.

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What is a Bookkeeper?

Bookkeepers are in charge of producing and maintaining financial records for a business or organisation, recording transactions, updating statements and verifying accuracy as well as generating financial statements and other reports for managers and supervisors.

Utilising specialised accounting software, spreadsheets and databases, Bookkeepers enter information from receipts and bills into computers in order to generate reports and collate data as well as often taking on additional responsibilities like invoicing, purchasing and payroll, requiring them to occasionally communicate with clients.

Some Bookkeepers are responsible for maintaining an entire organisation’s accounts, known as the general ledger, while others operate as accounting clerks, handling specific tasks as part of a larger team. They prepare bank deposits, verify receipts, send payments and keep track of overdue accounts.

What do Bookkeepers do?

  • Producing statements, budget reports and financial analyses using accounting software.
  • Reviewing bank statements and reconciling accounts.
  • Monitoring and verifying recorded transactions and identifying and reporting irregularities.
  • Maintaining financial records and balancing accounts.
  • Tracking cash flow and credit lines and reporting to management.
  • Generating purchase orders, invoices and bank deposits.
  • Preparing reports on tax entitlements and obligations such as GST.
  • Calculating interest on investments and managing business repayments.

Career snapshot for Bookkeeper

  • The average age of working Bookkeepers is 47.
  • 7.50% of Bookkeepers are male.
  • 31.60% of Bookkeepers work full-time and on average they work around 37 hours per week.
  • With A Certificate II or III, Bookkeepers get paid $1,000 per week Before Tax.
  • Unemployment levels are below average.
  • In 2015 records showed 99,800 employed Bookkeepers.
  • The projected growth of the profession is estimated to be in decline with employment numbers around 88,400 by 2020.
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