No matter if you are a fresh graduate or an experienced bookkeeper, I can’t think of any situation in which it wouldn’t be interesting to know “what is the average salary for bookkeeper”. Bookkeepers can be found in public accounting firms, internal audit departments, management information systems (MIS), accounting departments and companies which offer outsourced services. In this type of job, there are the following positions: staff accountant; junior accountant; senior accountant; supervisor and auditor. Their main function is to keep track of income and expenses, prepare reports on financial activity and help monitor cash flow. The salary will obviously vary based on the level of responsibility held by the employee and many other factors: geographical location, experience required to be hired in this position, and customers served (size of the company).
The average salary for bookkeepers in the United States is $46,000 a year. The median salary, however, is $39,000.
What is the average salary for bookkeeper
Introduction
If you’re interested in a bookkeeping career, we have good news for you: bookkeepers earn pretty well. In fact, according to the Bureau of Labor Statistics, bookkeeping jobs are expected to grow 11% from 2018–2028 (which is way faster than average). Plus, Glassdoor estimates that the average annual base pay for bookkeepers is $40k per year. In this article, we’ll dive into salaries for experienced and entry-level bookkeepers.
BOOKKEEPER SALARY
When it comes to the average salary for a bookkeeper, there are several factors that can affect your pay. For example, if you have been in the field for more than 10 years, you’re likely making more than someone just starting out. Location is another factor: living in a major city will usually mean higher wages than living somewhere rural. The industry and type of employer also contribute significantly to your potential earnings.
Finally, consider how much knowledge and experience you bring to the table when considering how much money you should be earning as a bookkeeper. If you specialize in cyber security or forensic accounting (the financial tracking of large corporations), then you might make bank!
What does a bookkeeper earn?
Now that you know what a bookkeeper does, it’s time to get down to brass tacks. How much does one make?
The average bookkeeper salary varies according to location and industry. According to PayScale, the national average for a Bookkeeper is $34,527 per year. However, this number can be higher or lower depending on where you live and what industry you work in!
For example: In California (where I live), the average Bookkeeper makes $42k/year; while in New York City (a nearby city), they make closer to $54k/year. On top of all that variance based on location alone, there are other factors that affect how much money a person might earn as a Bookkeeper—like whether or not they have any certifications like Certified Professional Bookkeepers (CPA).
Bookkeeper salary in the United States
The average salary for bookkeepers in the US is $33,000. In order to determine what you can expect to make as a bookkeeper in the United States, it’s important to understand how much other bookkeepers are earning.
- According to Glassdoor, the average hourly wage of a bookkeeper is $23.25 per hour.
- The Bureau of Labor Statistics (BLS) reports that there are nearly 2 million people employed as bookkeepers or accounting clerks in the United States. Bookkeepers and accounting clerks earned an average annual salary of $46,910 in May 2018—a figure that does not include bonuses or overtime pay.
Bookkeeper salary in Australia
The average bookkeeper salary in Australia is AU$82,833. The average salary for a bookkeeper in Sydney is AU$85,000; in Melbourne it is AU$83,000; and in Brisbane it is AU$78,750. In Perth the average salary for a bookkeeper is AU$70,500.
A mid-career Bookkeeper with 5-9 years of experience earns an average total compensation of $38,085 based on 1,719 salaries. An experienced Bookkeeper with 10-19 years of experience earns an average total compensation of $39,821 based on 1,073 salaries.
The average salary for a bookkeeper with 5-9 years of experience is $38,085. The average salary for a mid-career Bookkeeper with 10-19 years of experience is $39,821.
Conclusion
Bookkeepers have an important role in an organization. They keep track of all the financial transactions that take place and make sure they are recorded properly. A bookkeeper is responsible for maintaining an accurate record of all business transactions and ensuring that the accounting information is up to date on a daily basis. The job requires attention to detail, strong math skills, and knowledge of accounting principles
