Through this, you’ll learn what you need to know to be a good bookkeeper and how to launch your business. One reason why you should consider becoming a part-time bookkeeper is because you won’t need related work experience or a degree to pursue it. According to the Bureau of Labor Statistics, you don’t need to have work experience in a related occupation to become a bookkeeper. According to CostHelper Small Business, people pay around $20 to $50 per hour to avail of the services of an external bookkeeping service.
After learning everything you should know about the industry online, it’s time to test your skills offline. When it comes to pricing your services as a part-time bookkeeper, remember to take your time into consideration. Your work hours will vary depending on how complex the business or industry of your client is. We are looking to cover operating hours from 6AM to 6PM PST, Monday through Friday.
How To Become a Part-Time Bookkeeper in 6 Steps
Having a target market will help you focus so you can organically grow your clientele. Launch your career as a part-time bookkeeper by establishing your business. To do that, you need to get a tax identification number, acquire the licenses and business permits you need, and choose a business structure. For instance, you can choose to establish a sole proprietorship business. Experienced bookkeepers typically offer their services on a contractual basis for $30 to $40 per hour. The minimum monthly charge for small businesses with fewer work hours ranges from $100 to $150.
- This means you can enjoy your family and career freedom and have enough finances, all at the same time.
- Help your clients set up their books, manage them monthly, and provide valuable insights through reporting.
- You can also work on a contract basis with different clients and set your own hours.
- What are the challenges you’re facing when it comes to launching your own bookkeeping business?
- There will always be support available for you at any point, whether it’s before, during, or after training.
First, make sure you meet all of the qualifications and that your QuickBooks Online Certification (either Basic or Advanced Certification) is up to date. Once you apply online, a recruiter will contact you and complete a phone screen. If you continue the process, someone will contact you to set up additional interviews with our team. It consists of a 2-week, self-led and instructor-led, online training with ongoing check-ins with managers. There will always be support available for you at any point, whether it’s before, during, or after training. This is a remote position where you will work virtually in a dedicated workspace where you can interact with customers on video without interruption.
Step 2: Familiarize Yourself with Accounting Software
Customers will schedule a time to engage services, and the Bookkeeper will work on their books with them. You can learn from online tutorials, or by asking a professional bookkeeper to train you. Knowing how to use accounting software will add value to the services you can provide your clients later on. This means you can enjoy your family and career freedom and have enough finances, all at the same time. Start taking the right steps towards this goal by learning how to become a virtual bookkeeper. When you’ve figured out your target market and how you can best reach them, set marketing goals for yourself.
Our bookkeepers keep on top of your books and can give you insight as needed. No matter how simple or complex your bookkeeping needs, you’ll get the oversight and structure you need on a regular basis. Intuit is proud to be an equal opportunity and affirmative action employer. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.
Savvy, Small Business Bookkeeping On Demand
You also need to stay up-to-date on the latest financial regulations and continuously improve your skills. Aside from setting up your business, you also need to have a marketing plan. Another tool you should prepare is your own website or LinkedIn profile. Some people overlook this, but it’s a part time bookkeeping great way to advertise your skills and gain clients. If you want to test the waters first and see if this job is a good fit for you, you can apply for a bookkeeping internship. This way, you’ll see and know first-hand how bookkeepers work and learn techniques you can use for your own business.
- First, make sure you meet all of the qualifications and that your QuickBooks Online Certification (either Basic or Advanced Certification) is up to date.
- The basic tools you need are a computer, a reliable Internet connection, and accounting software that works for you.
- Combined with on-the-job training, these skills will allow you to transition smoothly into the job.
- As a part-time bookkeeper, you need to be able to work remotely and manage your time properly.
- Of course, having a lucrative source of income while enjoying family time and freedom is just the cherry on top.
- If you continue the process, someone will contact you to set up additional interviews with our team.
Having someone to guide you through the process can take the load off your shoulders and help you focus on what matters. Put a trusted small https://www.bookstime.com/articles/what-is-fund-accounting business expert on your team from our network of veteran bookkeepers. Here’s what our clients have to say about our network of bookkeepers.
Some of their primary motivators include wanting to have enough time and attention for their family or their passions. Our experts handle the bookkeeping and can take a proactive approach to help build a specific roadmap for your future success. Stay on top of your P&L and receive forward-looking reports focused on the metrics and KPIs important to your business.
And you will choose the set schedule you’d like to work within the QuickBooks Online regular business hours (6AM to 6 PM, Monday through Friday). Build relationships with clients by helping them get the most out of QuickBooks. Help your clients set up their books, manage them monthly, and provide valuable insights through reporting.