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<br>A Bookkeeper is responsible for recording and [maintaining](https://pakkjobs.live) a business’ financial transactions, such as purchases, expenses, sales revenue, invoices, and payments. They will record financial data into general ledgers, which are used to produce the balance sheet and income statement.<br>
<br>The bookkeeper is generally responsible for overseeing the first six steps of the Accounting Cycle, while the last two are typically taken care of by an accountant. While there is a general overlap between the two professions, there are a few distinctions that are later discussed in this article.<br>
<br>What Does a Bookkeeper Do?<br>
<br>Being consistent, accurate, and minimizing errors are key characteristics that employers are seeking for this position. It is indispensable to have a knowledge of accounting and to understand how to use [accounting software](https://suliverzum.hu) systems.<br>
<br>In larger businesses, a bookkeeper is responsible for overseeing and reconciling hundreds of financial transactions. This is typically done with the assistance of various software systems, and for this reason, technology literacy is [incredibly valuable](http://spherenetworking.com) for the profession. A few other relevant skills and job duties would include the following:<br>
<br>[Relevant Skills](https://jobsekerz.com) and Knowledge<br>
<br>Basic accounting knowledge
- Understanding accounting best practices
- Knowledge of IFRS, U.S GAAP, or another accounting framework
- Data entry skills
- High [attention](https://www.isinbizden.net) to detail
Proficiency in Microsoft Excel
- Produce work with a high level of accuracy
- Professionalism and organization skills
- Associate degree or at least one year of experience
- Knowledge of XERO, Quickbooks, Zoho, Fresh Books, or other applications<br>
<br>Job Duties and Responsibilities<br>
<br>- Maintain an accurate record of financial transactions
- Update and maintain the general ledger
- Reconciliation of entries into the accounting system
Recording of debits and credits
- Maintain the trial balance, by a reconciliation of general ledgers
- Account [reconciliation](https://bcde.ru) to assert the accuracy of transactions
- Use knowledge of local laws to comply with reporting requirements
- Monitor any variances from the projected budget<br>
<br>Bookkeeper Salary Range<br>
<br>A bookkeeper can expect to earn a salary in the range of $30,000-$60,000 a year in the US. However, compensation will widely vary depending on the employer, location, and candidate experience. Bigger companies tend to offer better compensation for bookkeepers
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