Monday, May 19, 2014

 WHAT DOES A BOOKKEEPER DO? - By MaddaliSwetha
A. Bookkeeper is responsible for processing the paperwork for a company’s business transactions. Ultimately the transactions will be recorded in accounts within the company’s general ledger. Today this often involves the use of cost effective software such as Quick-books from Intuit. 

Bookkeepers are expected to be accurate, efficient, and knowledgeable about debits and credits, the chart of accounts, accounts payable procedures, sales and accounts receivable, payroll, and more. Each bookkeeper’s specific responsibilities will vary by type and size of the business.

The bookkeeper’s role may be expanded to include adjusting entries in order for the bookkeeper to generate income statements and balance sheets from the accounting software.

The bookkeeper’s work is usually overseen by an accountant and/or the small business owner.

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