The map here shows where bookkeepers earn the highest salaries in the U.S. The darker areas across the 50 states highlight the highest salaries. Employees with the bookkeeper job title have their preferences when it comes to working for a company. For instance, most bookkeepers prefer to work at private companies over public companies.
Additionally, outsourcing bookkeeping services increases accuracy and ensures compliance with all applicable laws and regulations. With the rise of cloud-based accounting software, bookkeeping is an excellent profession to work remotely. Many bookkeepers work as freelancers, and some organizations even offer remote work opportunities.
What Are the Advantages of Outsourcing Bookkeeping Services for Small Business Owners?
Whether you choose to freelance, work in-house for a business, or start your own bookkeeping company, you have many options available in today’s highly competitive world. If you’re a seasoned bookkeeper, however, a bookkeeping certification may not be worth it. With years of experience under your belt, it’s are bookkeepers in demand likely that you already have the skills and credibility required to do your job well. Employers are less likely to ask for certified evidence of your skills if you’ve been working as a bookkeeper for years. The BLS projects employment for bookkeeping, accounting and auditing clerks to decline by 6% by 2032.
The Accounting Today 2022 Year Ahead Survey shows that 51% of firms list their biggest challenge as keeping up with regulatory change. As legislative changes show no sign of slowing, remaining compliant will continue to be an issue for many firms. When taking into account the skills shortage and retention crises, there’s no time to waste putting time and resources into building capacity within your firm.
Do I need a bookkeeping service?
However, job growth is expected in the bookkeeping & accounting areas due to the mass retirement and exodus of Baby Boomers. With their numbers sharply declining, the need to fill such positions is on the rise. Additionally, your employer might be inclined to promote and offer higher salaries to certified bookkeepers.
Bookkeepers are at the forefront of this technological shift, leveraging tools like QuickBooks, Xero, and others to streamline financial processes. Their ability to harness the power of technology not only enhances efficiency but also provides businesses with valuable insights into their financial performance. Some industry experts believe that not enough bookkeepers are emerging to fill available job openings, indicating opportunities for professionals with the right skills. Bookkeeper salary levels vary by location, based on factors like local labor market conditions and local living costs. In these cases, employers may increase their pay rates to attract the best available candidates.
Are Bookkeeper jobs male – dominated?
This service is ideal for business owners who want to get their bookkeeping in order but don’t have the time or resources to do it themselves. We reviewed multiple accounting software options using a detailed methodology to help you find the 9 best online bookkeeping services for small businesses. Our ratings considered everything from pricing and customer reviews to the number and quality of features available and what our panel of experts thought about the services available. Key companies are leading the bookkeeping service market as they have been able to establish a strong reputation for providing high-quality bookkeeping services and have developed expertise in this area. Some bookkeepers choose to obtain certifications for their business. Bookkeepers can be certified in various financial platforms, such as QuickBooks, or via training programs.
While the average mean salary for accountants in the U.S. is about $68,000, according to ZipRecruiter data, more experienced accountants stand to earn anywhere from $150,000 to upwards of $200,000 a year. Most jobs require a bachelor’s degree in accounting or a related field, as well as a certification in a specific field of accounting, like becoming a licensed Certified Public Accountant, according to the BLS. On FlexJobs, some of the top companies hiring for remote accounting roles include Kforce, Supporting Strategies and Lee Hecht Harrison (LHH). The use of cloud-based software for bookkeeping tasks, such as data entry and reconciliation, has greatly reduced the need for manual work.