Potential Roles for a Bookkeeper

Bookkeepers Become More Valuable Over Time

Many people who start out looking into starting a bookkeeping business believe that they’ll do data entry for many more years to come. Although some may be happy with that it’s important to understand the value that small business owners place on having a competent bookkeeper on their team. You may find that your bookkeeping role may start small, but as your client gets to know you and grow in size you’ll have an opportunity to grow with them.

The easiest bookkeeping roles to get are for the most basic data entry (sometimes called coding) tasks that small businesses need. Because these tasks are relatively easy the pay rates for these bookkeepers are lower and the market (of other potential candidates) is also large. It can be a great place to start, but if you plan to increase your pay and value in a small business you’ll want to start performing more complex bookeeping tasks.

Career and Role Paths for Bookkeepers from PayscaleWe’ve heard stories about contractors starting off in small casual roles and end up becoming a pivotal component in that same small business. It’s important to understand the value of a good team and how important that is in the success of a small business.

Career & Role Progression

This image from Payscale shows the various paths which start from a simple bookkeepers role – notice how, with consistent education and training, you can end up with one of the most important roles in the company?

Members of our team have started off as bookkeepers and ended up specialising in trusts, superannuation or a number of different, more specialised fields.

Contractors & Their Business Plans

With our Training and Bookkeeping Business Plan stage you’ll not only have a blue print for the success of your own business, but some valuable skills that may make you even more important to the small businesses that you end up working for.

If you are starting from a low base like performing data entry, you’ll want to develop your skills to become a Registered BAS Agent because that will increase your skills and enable you to perform the tasks at the higher end of a bookkeepers pay scale.

Learn about Bookkeeping Tasks & Rates

From Level 1 data entry tasks to BAS lodgements, Payroll and End of Year financial analysis bookkeeping is an important task where there is career or business progression. The rate of pay can vary greatly based on the type of work performed, the compliance requirements, the bookkeepers level of education and experience.

Read about Bookkeepers Rates   Register to Join