young professional bookeeper writing financial document

How to Be a Part Time Bookkeeper

According to recent statistics, in November 2019 27.56 million people were employed on a part-time basis. Whether for economic or non-economic reasons, many people have chosen to work with flexible hours because it allows them greater freedom with their time.

If you want to be a part of this group of people, there are two ways you can apply for remote, freelance, or contractual types of jobs. One is through direct application and the other is through a staffing agency. Both have pros and cons. Whichever method you choose, the important thing is that you know what kind of service you are offering.

One of the most lucrative fields for part time jobs is bookkeeping.

What is a Bookkeeper?

Being a bookkeeper doesn’t require certification or a degree. A book keeper is in charge of:

  • Maintaining the accuracy and efficiency of the financial books of a business by updating financial records, creating financial reports, checking records for accuracy, posting financial records in computer programs and putting debits and credits into appropriate accounts
  • Paying bills or collect payments on invoices, receive receipts, reimburse company employees for work-related expenses and be in charge of accounts receivable of a business

Becoming a Bookkeeper

Now that you know what a bookkeeper does, here is a step-by-step guide on how to become one.

Step 1: Check for requirements.

  • High school diploma or GED (minimum); post-secondary education
  • A degree in the field of accounting or a related field
  • On the job training
  • Voluntary certification from the National Bookkeepers Association, American Institute of Professional Bookkeepers, and Uniform Bookkeeper Certification Exam
  • Basic mathematical skills, attention to detail, computer skills, organizational skills

Step 2: Get educated.

  • Enroll in an online bookkeeping course.
  • Enroll in business associated and accounting programs.
  • Enroll in business mathematics, keyboarding, economics, payroll accounting, and tax procedures.

Step 3: Get some training.

  • Get training for double entry bookkeeping, accounting, and spreadsheet computer software.

Step 4: Voluntary certification

  • Work two years as a full-time bookkeeper or equivalent part-time hours, pass an exam, and follow a code of ethics.

How much is the Salary?

woman bookkeeper

Entry-level bookkeeping earns around $18.50/ hour or about $40,000/year. Those who work freelance can earn three times that amount because they can set their own rates.

Where Can I Apply for Remote or Part-time Bookkeeping Jobs?

You can look at websites like Upwork, Flexjobs, or Indeed for part-time or remote bookkeeping jobs. You can also ask for referrals or go by word of mouth. Another suggestion is to join a staffing agency in your area that caters to accounting and finance related businesses.

After you have gotten some experience and training, you can choose to stick to your expertise which means focusing on one type of client, such as lawyers or restaurant owners, and growing your client base from there. One you feel that you are ready, you can then venture forward and set up a website that advertises your services. From there you can build a virtual bookkeeping business of your freelancer dreams!

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