There are online courses where you can learn the basics of bookkeeping. So if you’re meticulous, have a head for numbers and enjoy problem-solving, bookkeeping offers you countless career choices. ICB is the leading anti-money laundering (AML) supervisor for self-employed Access all Xero features for 30 days, then decide which plan best suits your business.

Generally, bookkeepers focus on administrative tasks, such as completing payroll and recording incoming and outgoing finances. Accountants help businesses understand the bigger picture of their financial situation. A bookkeeper’s role at a company varies by the size and nature of the business. At a very small company without an accountant, the bookkeeper’s duties are likely to be extensive.


A bookkeeper is responsible for recording daily financial transactions, updating a general ledger and preparing trial balances for perusal by accountants. They maintain and file requisite documents for taxation compliance. They monitor cash flow and produce financial reports to assist managers in taking strategic decisions. Bookkeepers may also assist in running payroll and generating invoices for your company. A bookkeeper is responsible for recording and maintaining a company’s daily financial transactions.


These services include recording what money comes into and flows out of a business, such as payments from customers and payments made to vendors. While bookkeepers used to keep track of this information in physical books, much of the process is now done on digital software. To get yourself to the stage where you’re ready to start your own business, a combination of education, certification, and mastery of the work tools are a good foundation.

Difference Between Bookkeeper and Accountant

All listings are for qualified and insured members of ICB who are running a private practice. Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on Coursera’s editorial team is comprised of highly experienced professional editors, writers, and fact… If you’re a detail-oriented individual who enjoys working with numbers, then you might consider a career as a

For your business to run smoothly, ideally you need both people. And you’d hire an accountant to handle official reporting and high level business advice. They can take away the day-to-day recording of receipts, invoices and other transactions. A guide to help you work through the big decisions around starting a bookkeeping business.

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The Institute of Certified (ICB) is the largest bookkeeping institution in the world and offers certificate and diploma courses through accredited providers. They set up and oversee day-to-day record keeping in a client’s business – then monitor the accounts ensuring they are up-to-date. Over 1.8 million professionals use CFI to learn accounting, financial analysis, modeling and more. Start with a free account to explore 20+ always-free courses and hundreds of finance templates and cheat sheets.

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