| Bookkeeping is one of the many tasks involved in | | | | An office is the general work environment for |
| accounting. The job of being a bookkeeper is | | | | bookkeepers where they are in constant use of |
| frequently described to be designated at the | | | | computers. Common ailments experienced by |
| lowest section of accountancy jobs. Despite this | | | | bookkeepers are eye and muscle strain, |
| demeaning depiction for a bookkeeper, his or her | | | | backaches, headaches and recurring motion |
| role is nevertheless the most important in all | | | | injuries due to extended work periods while |
| systems of accounting. Additionally, much of a | | | | reviewing detailed and correct data. |
| bookkeeper's work is similar to that of a CPA. | | | | Full-time bookkeepers work for a 40 regular |
| Based on statistics, bookkeepers along with | | | | business hours per week, although some instances |
| accountants and accounting clerks comprise 2.1 | | | | may require them to work occasionally on |
| million employments in almost all industries in 2008 | | | | weekends and evenings. There is about one in |
| alone. They are also employed in all agencies of | | | | every four clerks who are working part time. |
| the government. Unlike a certified public | | | | Particular instances when a bookkeeper may |
| accountant or CPA who is required to undertake | | | | work overtime in order to meet deadlines are |
| a degree in accountancy, the minimum education | | | | fiscal year-ends, tax times, or periods for monthly |
| required of a bookkeeper is a high school | | | | or yearly accounting audits. If a bookkeeper |
| certification followed by a post-secondary | | | | works for hotels, restaurants and shopping stores |
| associate degree education in business or | | | | or malls, he or she will usually need to work |
| accounting. Bookkeepers also need to undergo | | | | overtime during peak holidays and vacation |
| OJTs and classes for record keeping procedures. | | | | seasons. |
| As a financial record custodian, a bookkeeper is | | | | There are two systems employed in bookkeeping. |
| responsible in updating and maintaining accounting | | | | In a Single-entry system, a cash book is the |
| records. His/her task also involves calculation of | | | | primary bookkeeping record used that is like a |
| expenses, receipts, accounts payable and | | | | checking account register. This cash book |
| receivable plus profit and loss. Full charge | | | | apportions income and expenses to appropriate |
| bookkeepers uphold the entire company's books. | | | | accounts. Petty cash, accounts payable and |
| Bookkeepers employed in small businesses takes | | | | receivable, and other relevant transactions such |
| care of the general ledger where they record all | | | | as inventory and travel expenses are kept in a |
| transactions, post costs and income. Financial | | | | separate record of accounts. |
| statements and reports are prepared by | | | | This system are nowadays done with DIY |
| bookkeepers along with particular summaries | | | | bookkeeping software which increases the speed |
| needed by supervisors and managers. To prepare | | | | of manual calculations. While in a double-entry |
| bank deposits, bookkeepers gather all necessary | | | | bookkeeping system, a set of rules is followed in |
| data from cashiers, verify and balance receipts | | | | recording financial information. Debits and credits |
| then send the cash or check and other payment | | | | are now utilized to serve as a kind of |
| modes to the bank. Payrolls may also be dealt | | | | error-detection system. An error is known and |
| with by bookkeepers, they can execute required | | | | identified should the sum of debits be not equal |
| purchases, set up invoices and keep track some | | | | with the sum of credits. |
| overdue accounts. | | | | |