Bookkeepers are financial record keepers. They update and maintain each and every transaction of the business including those which calculates expenses, receipts, payments and profit and loss. The bookkeeper should have a wide range of professional skills and expertise to work as a full time bookkeeper and he has to maintain the entire company's financial transactions.
The Bookkeeper has to perform all the duties related to general accounting. They maintain complete sets of financial transactions, keeping a track record of various accounts and analyzing the procedures used for recording financial records. They are employed by a company, business, and government.
What is a Bookkeeper?
Today, Bookkeeping is a spacious profession. It is exciting, challenging, demanding and rewarding. It is about to understand the business process and to provide the exact figures which will allow the business to know that how the business is going.
As stated above, the bookkeeper is solely responsible for keeping financial transactions of the business. These records are kept in journals or in ledgers and these ledgers are called as "books" and that's why they are identifying as "Bookkeepers".
In general sense, we can say that Bookkeepers are not Accountants. The duty of bookkeeper is to keep a record of every financial transactions of business including the payments details. A bookkeeper must be capable of balancing the books and make sure that all the transactions are accounted perfectly. Some bookkeepers are freelancers and they are contracting with one or more companies and some are employed by a company or a business. Bookkeepers should be honest and hardworking and they should concentrate on their work.
As a bookkeeper, you have to perform various duties on accounting side such as:
• You have to prepare, control, balance and check various accounts with using bookkeeping methods.
• You have to keep you ledger properly maintained and enter day to day financial transactions either manually or by a computer.
• You general ledger should show the balances of different accounts as per time.
• By balancing the general ledger, you should prepare financial statements.
• To verify the accuracy of your work and computerized and manual accounting and bookkeeping systems, you should ask for an audit on regular time intervals.
• You may also prepare financial, accounting and auditing reports.
You can get a lot of satisfaction from a perfect bookkeeper. To know more about professional bookkeepers and how they will help your business, log on to http://www.bookkeeping2india.com or if you have specific requirement and need some assistance with your bookkeeping, email us at info@bookkeeping2india.com.
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