Bookkeeper Vs Accountant Salary
But typically accountants earn more than bookkeepers and their midpoint salary is higher.
Bookkeeper vs accountant salary. Accountants are so valuable to a company that many actually go on to fill senior management roles. Bookkeepers and accountants capable of carrying out a wider range of accounting activities will be in more demand than those who specialize in one area. Difference between bookkeepers and accountants.
As per indeed bookkeeper charges average 20 hour in usa if you are hiring an experienced bookkeeper you may be required to pay around 30. As of may 2010 the average annual wage for these occupations was 35 000. For example an accountant with a year or two of experience might earn 60 000 per year while a bookkeeper will earn less than 30 000 per year.
Bookkeeper typical salary. The key difference between bookkeeper and accountant is that bookkeeper is responsible for performing the bookkeeping activities in the company where financial transactions are recorded in a systematic manner whereas accountants are responsible for accounting of the financial transactions that have occurred in the past by the company as well as. More experienced accountants will be able to earn higher salaries but bookkeepers will not see significant salary increases.
Bookkeeper vs accountant salary the salary range for bookkeepers and accountants differ per state and on other important factors. Accountants have at least a bachelor s degree although it doesn t have to be in accounting. A bookkeeper r ecords the day to day financial transactions of a business.
A company could pay an accountant to keep the ledger but it s cheaper to hire a bookkeeper and save an accountant for higher level services. As per payscale bookkeeper charges average 40773 annum. Their median pay is 69 350 a year.
The top earning 10 percent of accountants received 111 510 annually or higher while the top 10 percent of bookkeepers received 54 310 per year or more. Some explanations for the salary differences are listed below. It is typically performed by a bookkeeper which is not the same as an accountant.