Learn How to Become a Virtual Bookkeeper with Ease

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Whether at home on a cozy chair, or sitting at a cafe with a view of the beach, imagine being able to earn a steady income from anywhere in the world. With today’s digital landscape, remote bookkeeping can offer you just that. 

Putting your knack for crunching numbers to good use can help you achieve financial success, and can bring location independence along with it. This article will show you how you can do that.

What is Bookkeeping?

Before anything else, we should first help you understand what bookkeeping is. Bookkeeping deals with the day-to-day operations of a business, keeping records of financial transactions such as bills, receipts, invoices, and many other purchases.

Bookkeeping is an essential part of any business, since all businesses must keep track of their transactions. This makes bookkeeping an industry-proof profession, and keeps bookkeepers in demand.

So what do Bookkeepers do?

As a bookkeeper, you are responsible for making sure a business’ or individual’s personal finances are up to date and accurate. That includes a few different day-to-day tasks such as:

  • Keeping track of financial records, for both income and expenses
  • Tracking Inventory
  • Providing periodic financial statements
  • Sending and tracking invoices
  • Collecting Payments

These are some of the main responsibilities of a Bookkeeper. In essence, you will be continually working with numbers and data, and while the math is not too difficult, if numbers are not your thing Bookkeeping might not be for you. 

What skills/qualifications do you need?

While having a formal education in finance or accounting can be useful, they are not necessary to become a bookkeeper. There are many programs available that teach you the necessary skills for becoming a virtual bookkeeper. They even provide certifications that can prove your proficiency in bookkeeping. Websites like bookkeepers.com provide free masterclasses, which teach you all the skills you need for the profession. There are many other courses you can further research with a simple google search. Most courses will take anywhere from 3-6 months to complete, and 

Why become a virtual bookkeeper?

There are many reasons why you should consider becoming a bookkeeper. If you manage to set time aside and gain the skills needed for the job, you can soon land a virtual bookkeeping position, or start your own bookkeeping business. According to ziprecruiter, the average remote bookkeeper makes $24/hr and can go all the way up to $35/hr. If you take it a step further and start your own business though, you can choose what hourly price you charge with some freelancers charging up to $70/hr. 

Bookkeeping not for you?

While virtual bookkeeping can be a very promising career if you are willing to put in the necessary work, it also might not be right for some people. If you are not good with technology, are bad with numbers, and have difficulty staying organized with everyday transactions, it might be better looking elsewhere to make some extra money.

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