Bookkeeping is a self-explanatory term used for organised recording, storing and retrieving of financial transactions.
Are Accounting and Bookkeeping the Same Thing?
More often than not, bookkeeping and accounting are used interchangeably, but they are not.
Accounting is the overall management of finances of a business or individual, while bookkeeping is a specific domain referring to the task and practices involved in recording financial activities.
For a better idea of the transactions a bookkeeper has to record for a business, here’re some examples:
- Billing for services provided or goods sold
- Loan payments
- Generating financial reports
- Monitoring asset depreciation
With everything going ultra-fast and computerised, bookkeeping too is now done on a computer-based system using software such as QuickBooks, Sage.
A. Is Bookkeeping for You?
That depends upon how you want to take bookkeeping. If you just want to take up a trending course, get some basic skills and get employed, any choice would be a good decision, including bookkeeping.
However, if you feel overly attached to numbers, find solace in it and want a relevant career choice, trust me; you can reach great heights with bookkeeping. It’s where you really fit.
All it requires is the knowledge of credits and debits and a fundamental understanding of financial accounting including the income statement and balance sheet.
What makes bookkeeping a stable career choice is its cruciality for businesses of all sizes, because something that seems obvious in the beginning may soon become complex with the introduction of assets, loans, tax, and investments. And this calls for a bookkeeper to sort it all out.
B. How to Be a Top-Level Bookkeeper?
If your dream is to be a professional bookkeeper and not just another bookkeeper, all you need is to qualify five bookkeeping qualification examinations offered by AAT (Association of Accounting Technicians).
Once you qualify the exam, you’re ready to work for a plethora of bookkeeping roles, in and outside the UK.
On top of that, you’ll also receive professional AAT bookkeeper status (AATQB), which can propel your bookkeeping career sky-high.
Now, the first step to being a professional bookkeeper is to enrol in an AAT approved bookkeeping course.
An AAT bookkeeping course is divided into three levels:
The first level is meant for students with no previous bookkeeping knowledge and is meant to introduce you with pure basics.
- Foundation Certificate in Bookkeeping (Level 2)
- Advanced Certificate in Bookkeeping (Level 3)
Most students start with level 2, i.e. foundational qualification and it takes around 6 months to complete both foundation and advanced qualification courses.
C. What jobs are available for a bookkeeper?
A bookkeeper has the option to go for top-level job roles such as:
- Credit Controller
- Accounts senior
- Sales/Purchase Ledger Clerk
A qualified bookkeeper easily takes home a salary of around £25,000 per year. (Source: National Career Service)
D. Why Choose Osborne Training for Bookkeeping courses in the UK?
Osborne Training is a highly rated AAT approved training provider which has helped thousands of students achieve their dream career in bookkeeping and accounting.
With AAT bookkeeping course syllabus designed in line with industry standards by experts and exceptional tutor support throughout the course duration, Osborne Training has maintained high passing rates through years.
E. What Are Various Study Options for the Bookkeeping Course?
Osborne Training offers three study options for bookkeeping course.
- Classroom-based: With evening, weekend, and daytime sessions, this study mode is for students who can attend bookkeeping course in the UK at one of the Osborne Training centres.
- Online live: With live interactive online classes and state-of-the-art virtual learning campus, you can attend bookkeeping courses online too.
- Distance learning: This mode provides study material and access to online study material through virtual learning campus. It suits if you’ve limited time at hand and want to study at your own pace.
F. How to Enrol?
Please get in touch at 0203 608 7179 or visit www.osbornetraining.org for next bookkeeping course starting dates and course fee.