Bookkeeper Vs Accountant Salary Uk
Bookkeeper vs accountant salary uk.
Bookkeeper vs accountant salary uk. Some explanations for the salary differences are listed below. Calculate salary national insurance hmrc tax and net pay. Bookkeepers also ensure that the accounts balance using a trial balance.
The average salary for an accountant in united kingdom is 29 374. The national average salary for a bookkeeper is 21 928 in united kingdom. Technically accountants can do a bookkeeper s job and a bookkeeper can often do an accountant s job according to edwards.
The main function of a bookkeeper s role is to accurately record financial data ensuring that entries are correct on a daily basis keeping a log of all transactions in the day books. 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. However accountants will tend to charge much more than bookkeepers.
Posted on november 11 2020 by in general. A bookkeeper s job is to record organise the financial data of a business whereas an accountant s job is to analyse. I estimate that a bookkeeper s salary will be less than half of an accountant s salary.
Visit payscale to research accountant salaries by city experience skill employer and more. That can be between 35 and 150 an hour depending on the job. They record and calculate income and expenses raise purchase invoices make bank transactions and create sales invoices.
Additionally the accountant could decide to work in variety of different areas such as financial accounting management accounting tax accounting auditing or financial services. 15 000 to 31 000. Bookkeeper typical salary.