Work of Professtional Bookkeeper For Our Business

When you work as a bookkeeper, there are certain responsibilities that you need to fulfill. These include maintaining business or organization records, supervising, and managing reports, updating statements, keeping track of monetary transactions, etc. In present days, the demand for such workers is rising surprisingly, especially among small business owners and entrepreneurs. Hence, choosing bookkeeping as a career option will not be a bad decision.

Hiring criteria

You are required to have a few qualities and qualifications to become a BAS (Business Activity Statements) agent. Let's look at what are the basic qualifications you require to become a bookkeeper.

1. Educational qualifications
   
   You can enroll yourself in either online or classroom certificate courses in bookkeeping and accounting. Many candidates who are into numbers start their bookkeeping journey after high qualification and slowly learn the process while working. Hire a certified bookkeeper, you must clear Certificate IV, which is a 6-month duration accounting and bookkeeping course. It will be beneficial if you complete the BAS and GST unit as well.

2. Work experience 
   
   Get a step closer by spending 1400 hours in CPE (Continued Professional Education) to become eligible for the bookkeeping certificate. You may work as an intern, fresher or volunteer in a registered firm to gain experience. The work experience is always a bonus for those who want to move higher up.

3. Register yourself as a BAS agent
   
   Apply for TPB (Tax Practitioner Board) once you complete your certification and relevant hours of your duty. The relevant license and the certification are always checked when a company is hiring you. They want to trust the person they hand over the task to and hence you must be registered.

4. Insurance
   
   The client expects loyalty and a guarantee from their bookkeeper in case there is any loss or harm to their firm. For gaining the trust of your client, it is best to maintain PI (Professional Indemnity) Insurance.

Responsibilities as a Bookkeeper

Awareness about the duty is as important as knowing the process to become a successful bookkeeper. Therefore, the list below will give you an idea about the duties and tasks you must do once you start giving your bookkeeping services.

• You must ensure the maintenance of the company's financial report up to date with 100% accuracy.
  
  
• You must monitor the transactions consistently and identify if there is any irregularity in the cash flow.
  
  
•  Verifying receipts, invoices, maintaining financial records, sending payments, preparing bank deposits are some additional tasks that will be handled as a bookkeeper.
  
  
• Managing tax deposits and related tasks by preparing BAS forms and lodging them.
  
  
• Updating statements, collecting the data, setting up and running accounting software are some basic everyday duties.
  
  
• Good communication skills and multitasking capabilities are plus points for proper working. Moreover, your positive attitude towards your work and keenness to develop your skills and knowledge will help you in rising.

Skills Required

Bookkeeping involves numerical calculations, analytical and technical knowledge, along with basic MS Office apps and services. With a positive approach towards solving issues, you are required to have exceptional organizational abilities. As a bookkeeper, you must ensure that all the data and reports, records, and other details are accurate, as one mistake can lead to the loss of a huge amount of the firm. People at that post should have experience using a few accountings software, such as:

• Xerox
• QuickBooks
• MYOB
• Sage
• Reckon
• Wave
• Fresh books
• Rounded
• Sash, etc.

Read the above-mentioned points so that it will help you understand the requirement, minimum qualifications, and skills clearly. Moreover, do not skip the registration or insurance steps; these will bring the turning point in your career. There is no shortcut to success, therefore, work hard and get a grip on your interest area. Do a bit of background research for the Company you want to work with.