Maddy Souter
August 31, 2022

How Much Do Bookkeepers Earn?

If you want to start a career in bookkeeping or launch your own bookkeeping business, you may wonder how much a bookkeeper makes in Australia. Generally, bookkeeping is a great career choice for those job seekers who want to acquire experience in the clerical field of accounting.

Most bookkeepers usually excel in math, communication, and navigating accounting software. If you’re interested in bookkeeping, read on to learn how much one can expect working as a bookkeeper in Australia.

What is the Average Bookkeeper Salary in Australia?

Bookkeeping salaries in Australia vary depending on a person’s level of education, experience, and location. The average salary is $42,800per year while the most experienced Bookkeepers earn north of $65,900 per year.

What does a bookkeeper do?

The overall role of a bookkeeper is to maintain and assess records of financial transactions in computerized accounting applications and account books. They are responsible for keeping accurate records and generating the financial statements of a company. The duties and tasks of bookkeepers may include:

  • Recording financial transactions of a company in databases, spreadsheets, or bookkeeping software
  • Producing income statements, balance sheets, and financial reports
  • Monitoring the cash flow of a business
  • Reconciling financial accounts against monthly bank statements
  • Preparing forms and reporting business tax obligations and entitlements
  • Maintaining employee records and processing payroll
  • Preparing and sending receipts and invoices to debtors
  • Verifying documents and reporting irregularities to management

Bookkeepers often work in small and medium-sized companies spanning across all industries. Their scope of work varies based on the type and size of the business. Ideally, bookkeepers can start and grow their careers through education or experience to become experienced bookkeepers, accountants, or staff accountants.

To work as a bookkeeper in any Australian business, you need to complete a bookkeeping course and know how to use bookkeeping software. Most employers will require specific skills and experience, including communication skills, time management, QuickBooks, multitasking, Xero accounting software, and MYOB accounting software.

It is evident that every successful business has a competent bookkeeper. If you’re interested in becoming one, consider taking a course in bookkeeping from a reputable institution such as The Online Business Academy.

The Online Business Academy Bookkeeping Courses

The Online Business Academy offers a wide range of bookkeeping courses online you can take advantage of to become a full-charge bookkeeper in any Australian sector. These courses are designed for individuals who want to improve their earning ability, enhance their professional status, and unlock new career opportunities.

If you want to become a competent bookkeeper in a growing company or kick start your own bookkeeping business, these courses are ideal for you. Each bookkeeping course at The Online Business Academy is industry accredited and caters to learners of all experience levels.

You can choose from the many short courses in bookkeeping options, including Certificate in Accounting and Bookkeeping, Introduction to Bookkeeping, and Bookkeeping Business Pathway. Enrol for a bookkeeping course online, and get your free course guide.

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