The industry forecast for bookkeepers is not a particularly sunny one, adding -8% growth rate between the years of 20. Sources: U.S Bureau of Labor Statistics & Payscale Bookkeeping, Accountant, and Auditing Clerk Salary Statistics 2019 Median PayĬommon short-medium length on-the-job training The above figures are median figures and do not reflect the outliers such as high-level bookkeepers for Fortune 500 companies, or sole proprietorships, which can greatly exceed $37,000 per year. It should also be noted, pay can vary greatly depending on whether the bookkeeper works for an accounting firm, for a corporation, or as an independent contractor. Hourly rates can vary greatly from as little as $12 per hour for entry-level part time assistant work, to $24 an hour for more experienced professionals. The US Bureau of Labor Statistics states the median pay for bookkeepers in 2019 is around $41,240 per year, and popular salary aggregator site pay states a somewhat higher median salary of a little over $40,000 per year. You also need to be trustworthy and have good sound references. Your resume should be skills focused and highlight numeracy, organization, presentation and communication. In terms of outlook for the future, bookkeeping is predicted to be one of the slower growing industries, so if this is your choice, you need to be sure that you can be the best at it. Something else to consider is that many companies are happy to take on a freelance bookkeeper, meaning that if you are good at what you do and you can generate recommendations, you may well have the key to working from home! You will require a sound understanding of numbers, good IT proficiency and organizational skills, analytical thinking and the ability to compile and present detailed and accurate reports, often to tight deadlines. Required day-to-day tasks may include processing payroll, arranging payments of accounts and invoices, carrying out bank reconciliations and preparing financial documents and reports. The role of a bookkeeper is broadly similar to that of an accountant in terms of everyday tasks but may lack formal responsibility for tax returns, focusing more on the day to day finances of small to medium sized businesses and therefore often requiring less formal qualifications.īookkeeping courses are easy to access and can often be completed via home learning.
#Adding freelance bookkeeping to a resume download
Sample Resume Download (MS Word Format).
Bookkeeping, Accountant, and Auditing Clerk Salary Statistics.It’s the only way to know if you are making progress. Lastly, make sure you balance your account. Some apps can help you track your finances easily. Track your income by recording the cash each project is producing. When you are working with a client directly, always negotiate for an upfront payment and get a contract signed. Ensure you factor this when deciding the cost of your services or when working with a client with a predetermined budget. Take Charge of Your Financesįreelance job sites often take 5%-20% of your earnings. Otherwise, you’ll be a jack of all trades and a master of none.Įxpand your knowledge by being updated on your industry trends. A simple rule to stick to is not to enroll for another course before you practice and polish the skills from the previous course. Enroll for courses in your niche and put into practice every skill you learn. The tentative income is your reference point and motivation to meet your daily goals. Make weekly projections of how much you want to earn. Have a daily plan on the number of proposals you’ll send out on the different freelance job sites.Īnother plan should be on how much clients’ work you’ll get done by the end of the day. Keep pushing until you have a consistent flow of income. When you get negative feedback, do not give up on pitching. The tips below will help you stay on track and meet your goals.
#Adding freelance bookkeeping to a resume how to
Now that we’ve answered how to freelance, and you’ve now launched your freelancing career, the next thing is to make sure you are making progress and a decent living out of it. You might opt to create courses to help others grow or start a mentorship initiative. Upscale your client base so that you can eventually work with reputable companies or individuals in your industry.
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