How to make money online as a bookkeeper

How to make money online as a bookkeeper

How to make money online as a bookkeeper

Did you know that you can earn money as a home-based bookkeeper, even without prior experience or a degree?

Remote bookkeeping jobs present a fantastic opportunity to work from the comfort of your home, and the demand for remote bookkeepers is on the rise.

As a bookkeeper, your responsibilities include assisting businesses in managing their finances by tracking receipts and expenditures. This profession offers the potential to earn over $40,000 per year, with ample room for career advancement. Various businesses actively seek bookkeepers, making it a promising career choice.

The beauty of bookkeeping lies in its learnable nature, allowing you to acquire the necessary skills from the convenience of your home. This profession is not only lucrative but also highly flexible.

Entry-level online bookkeeping positions cater to stay-at-home parents, summer break teachers, college students, professionals seeking additional income, digital nomads, and more. Whether you’re exploring a new career or searching for part-time remote work, delving into online bookkeeping is worth considering as a long-term career option.

Moreover, as an online bookkeeper, you can work from any location, requiring only an internet connection and a laptop.

For those interested in discovering online bookkeeping opportunities, I recommend enrolling in a free workshop dedicated to virtual bookkeeping jobs. This workshop guides you on starting a freelance bookkeeping business. You can sign up for free here.

In this workshop, you’ll learn the ropes of becoming a virtual bookkeeper, finding online bookkeeping jobs, acquiring the necessary skills, and more.

What is a bookkeeper?

A bookkeeper is someone who assists in managing and tracking the financial aspects of a business, typically overseeing sales, expenses, and generating financial reports. Virtual bookkeepers work remotely from home, eliminating the need for a physical office presence. This setup is advantageous as all bookkeeping tasks can be completed online or through computer software.

If you opt for freelance bookkeeping, you might have multiple clients or just one, depending on your preferred business model.

How To Find Online Bookkeeping Jobs

Understanding the job from a bookkeeper’s perspective can be beneficial when seeking freelance bookkeeping opportunities. In an interview with a professional bookkeeper, they described the role as follows:

“Think of bookkeeping like caring for your household finances… but on steroids. Every business is required to track every dollar in and out. In theory, this seems easy, but in practice, it isn’t. Business owners rely on bookkeepers for accurate financial information, allowing them to focus on their expertise while delegating financial tasks.”

What’s the difference between a bookkeeper and an accountant?

It’s crucial to distinguish between bookkeepers and accountants. While both play vital roles in aiding business owners, accountants require a bachelor’s degree and often additional certifications. Accountants provide financial analysis and insights.

On the other hand, bookkeepers do not need a specific degree or formal education. Online bookkeeping jobs are suitable for various individuals, as skills like spreadsheet usage and specific software can be learned independently.

Can I work as a bookkeeper from home?

Absolutely! Bookkeeping is an excellent work-from-home opportunity, requiring only a laptop or computer and an internet connection. The flexibility extends to the location, making it a suitable choice for those who prefer remote work, whether from home or while traveling.

What does an online bookkeeper do?

Online bookkeepers perform tasks such as recording financial transactions, organizing financial information, producing statements, reconciling bank statements, managing budgets, creating financial reports, handling invoices, managing cash flow, and more. The online aspect comes from the remote nature of the work, allowing bookkeepers to operate from anywhere.

How much do online bookkeepers make?

Earnings for online bookkeepers vary based on factors like weekly hours, business growth efforts, and the nature of the work. On average, online bookkeepers can earn around $40,000 or more annually, with hourly rates ranging from $60 to $100. Monthly earnings for one client, working around 4-5 hours per month, can be approximately $300.

Can I be a bookkeeper without a degree? How do I become a virtual bookkeeper with no experience?

Online bookkeeping jobs are accessible without prior experience or a degree. While specific skills are necessary, such as organization, numerical understanding, and attention to detail, these can be acquired through online courses. Several platforms offer training for aspiring online bookkeepers, enabling them to learn the required skills and launch a successful career without the need for a traditional degree.

How to make money online as a bookkeeper

Who hires online bookkeepers?

Virtual bookkeepers typically serve small to medium-sized businesses. Many business owners lack expertise in financial tracking, making virtual bookkeepers invaluable in managing their finances. As an online bookkeeper, you may work full-time directly for a company or have multiple part-time clients, depending on your business model.

What companies hire online bookkeepers?

Numerous platforms and companies offer online bookkeeping jobs, including Fiverr, UpWork, Flexjobs, Craigslist, Indeed, Ziprecruiter, Belay Solutions, Accounting Prose, Intuit, Accounting Department, Bookminders, Backyard Bookkeeper, Guru, and Each of these platforms presents opportunities for freelance or remote bookkeeping positions, catering to various preferences and needs.

Which bookkeeping course is best?

For those aspiring to become a bookkeeper, the Bookkeeper Launch course is highly recommended. With over 12,000 participants, this course spans around 60 hours, teaching aspiring bookkeepers how to start their own online bookkeeping business. The self-paced course covers everything from finding bookkeeping jobs to setting up and marketing a business, making it an excellent choice for beginners. Additionally, the course offers unlimited email support, live weekly Q&A sessions, and a supportive group with over 6,000 students. It also comes with a 30-day guarantee.

Is it worth taking an online bookkeeping course?

Certainly, taking an online bookkeeping course is worthwhile. Courses like Bookkeeper Launch provide valuable insights into bookkeeping skills and guide aspiring bookkeepers in setting up their businesses. The knowledge gained from such courses can save significant time, eliminate guesswork, and ensure a proper understanding of running a bookkeeping business.

What are the pros and cons of bookkeeping?

Like any profession, bookkeeping has its pros and cons.

Positives of becoming a bookkeeper:

  • Affordable startup costs: All you need is a laptop or computer and an internet connection.
  • Flexibility: Work from home or while traveling.
  • Create your schedule: Ideal for stay-at-home parents or those who prefer autonomy.
  • Choose your clients: Decide who you work with.

Negatives of becoming a bookkeeper:

  • Deadlines: While you may have a flexible schedule, clients may set deadlines.
  • Learning curve: Acquiring bookkeeping skills is essential.
  • It’s a job: It requires effort and is not a get-rich-quick scheme.

In summary, becoming a bookkeeper offers numerous advantages, making it a suitable option for those seeking flexibility and control over their work.

How to make money online as a bookkeeper

How do I become a virtual bookkeeper?

To embark on a career as a virtual bookkeeper:

  1. Learn bookkeeping skills, including organizing financial transactions.
  2. Familiarize yourself with bookkeeping software, such as QuickBooks.
  3. Establish your bookkeeping business, which may involve creating a simple website and business cards.
  4. Find your first bookkeeping client.
  5. Get paid.

The process is manageable with dedication and the right resources.

For further insights into becoming a bookkeeper, consider reading “How To Become a Bookkeeper.” To explore the possibilities of becoming an online bookkeeper, sign up for a free workshop dedicated to finding digital bookkeeping jobs.

In conclusion, with the right training and commitment, anyone can succeed as a virtual bookkeeper, enjoying the benefits of a flexible and rewarding career.

How to make money online as a bookkeeper

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