Thinking of Starting Your Own Bookkeeper Business?

Posted By admin on February 18, 2012

Thinking of starting your own work from home bookkeeper business? There are some characteristics you want to make sure you have if you want to be a good bookkeeper.

Five Characteristics of a Good Bookkeeper

But before we start talking about a bookkeeping business let’s distinguish between a bookkeeper and an accountant. A lot of people interchange the words bookkeeper and accountant often times not realizing they are two different things. In reality they are two very different things.

For the most part a bookkeeper doesn’t have a college degree in accounting where as an accountant does. A bookkeeper also may also do more basic type duties such as data entering. This can include duties like creating and mailing invoices to the customer, entering bills, paying bills and processing payroll data.

An accountant is going to handle the more detailed oriented type tasks. They will take care of handling expenses that have occurred but haven’t been entered by the bookkeeper. These entries will need to be adjusted by the accountant. An example of something like this would be bank loans (interest that has incurred since the last payment). Another example would be money earned (wages) by the employees of a company that will be paid next week, or could also include things like miscellaneous expenses, etc. An accountant handles more complex financial aspects of a business such as prepare financial statements and work with upper management on understanding these statements.

Now that we have distinguished a bookkeeper and an accountant let’s talk about a bookkeeping business and what makes a good bookkeeper. Here are five characteristics that a good bookkeeper should have. If not you may not enjoy your home business.

You should:
> Enjoy working with numbers and being accurate.
> Be detail oriented
> have Time Management skills
> be familiar with current technology
> be analytical

If running a bookkeeping business sounds like something you think you would enjoy, and you see yourself in those characteristics,and possess the skills necessary and want more information pick up a copy of Mom’s Talk Biz Guide to Starting Your Own Bookkeeping Business. You will find tips on what you need to get your bookkeeping business started, earning potential, keeping your clients satisfied and much more!

Till Next Time
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