According to ZipRecruiter, as of September 2020, a virtual bookkeeper is capable of earning an average of $38,193 a year. As a virtual bookkeeper with little to no experience, you can charge $60 per hour and slowly increase your rate as you gain more clients, experience, and skills to up to $100 per hour.
These requirements include a high school diploma, math skills, and computer skills. After gaining some experience in the field, you can choose to earn certification through the American Institute of Professional Bookkeepers, and your license through the National Association of Certified Public Bookkeepers.
How to Become a Bookkeeper with No Experience
A virtual bookkeeper handles your bookkeeping remotely. You communicate with them and share your financial info using software. They categorize your transactions and prepare financial statements for your business.
The level of automation of bookkeeping continues to grow. Bookkeeping and accounting systems are becoming more intelligent. Although digitalization and modern information technology will continue to transform the bookkeeping profession, at this time, we cannot say that bookkeeping is a dying profession.
Work from home bookkeepers provide remote financial services for your clients. In this role, you may manage accounts payable and accounts receivable, keep track of important financial information for your company, and reconcile all payments to ensure the accuracy of the financial documentation.
While bookkeeping is absolutely a business you can start without any experience, it definitely helps to have previously worked in a money-related job. Whether you've worked as a small-scale accountant or as a company's controller, that experience will go a long way in landing clients for your own business.
Employment of bookkeeping, accounting, and auditing clerks is projected to decline 6 percent from 2019 to 2029. Technological change is expected to reduce demand for these workers. Software innovations, such as cloud computing, have automated many of the tasks performed by bookkeepers.
You need to understand the basics of bookkeeping, of accounting, and even have some tax knowledge in order to be able to serve a client properly. You need to also understand that bookkeeping isn't just something easy that you can do without any training or experience. Bookkeeping can actually be difficult.
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