Profession bookkeeper

Bookkeepers record and assemble the day-to-day financial transactions of an organisation or company, consisting usually of sales, purchases, payments and receipts. They ensure all financial transactions are documented in the appropriate (day) book and general ledger, and that they are balanced out. Bookkeepers prepare the recorded books and ledgers with financial transactions for an accountant to then analyse balance sheets and income statements.

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Personality Type

  • Conventional / Enterprising

Knowledge

  • Accounting techniques

    The techniques of recording and summarising business and financial transactions and analysing, verifying, and reporting the results.

  • Tax legislation

    Tax legislation applicable to a specific area of specialisation, such as import tax, government tax, etc.

  • Bookkeeping regulations

    The methods and regulations involved in the process of accurate bookkeeping.

  • Company policies

    The set of rules that govern the activity of a company.

  • Commercial law

    The legal regulations that govern a specific commercial activity.

  • Depreciation

    The accounting method of dividing the value of an asset over its useful life for the allocation of cost per fiscal year and in parallel to decrease the value of the asset from the accounts of the company.

  • Accounting department processes

    The different processes, duties, jargon, role in an organisation, and other specificities of the accounting department within an organisation such as bookkeeping, invoices, recording, and taxing.

  • Financial statements

    The set of financial records disclosing the financial position of a company at the end of a set period or of the accounting year. The financial statements consisting of five parts which are the statement of financial position, the statement of comprehensive income, the statement of changes in equity (SOCE), the statement of cash flows and notes.

  • Accounting entries

    The financial transactions recorded in accounting systems or books of a company together with the metadata linked to the entry such as the date, the amount, the accounts affected, and a description of the transaction.

Skills

  • Maintain financial records

    Keep track of and finalise all formal documents representing the financial transactions of a business or project.

  • Use accounting systems

    Employ accounting systems for recording and managing the accounts, obligations, and rights that the company possesses. Utilise these systems for accounting operations, financial analysis, and preparation of financial statements.

  • Perform balance sheet operations

    Make up a balance sheet displaying an overview of the organisation's current financial situation. Take into account income and expenses; fixed assets such as buildings and land; intangible assets such as trademarks and patents.

  • Follow the statutory obligations

    Understand, abide by, and apply the statutory obligations of the company in the daily performance of the job.

  • Prepare financial statements

    Collect, entry, and prepare the set of financial records disclosing the financial position of a company at the end of a certain period or accounting year. The financial statements consisting of five parts which are the statement of financial position, the statement of comprehensive income, the statement of changes in equity (SOCE), the statement of cash flows and notes.

  • Prepare trial accounting balances

    Ensure that all transactions are recorded in the books of the company and totalise all the debits and the credits of the accounts to find out balance in the accounts.

  • Attach accounting certificates to accounting transactions

    Collate and link documents such as invoices, contracts, and payment certificates in order to back up the transactions made in the accounting of the company.

  • Manage the general ledger

    Enter data and revise the adequate maintenance of general ledgers in order to follow up on the financial transactions of the company, and other non routine transactions such as depreciation.

  • Identify accounting errors

    Trace accounts, revise the accuracy of the records, and determine the faults in order to solve them.

Optional knowledge and skills

calculate tax manage accounts statistics financial department processes organise business documents handle petty cash archive documentation related to the work support development of annual budget manage cash desk follow up accounts receivables interpret financial statements ensure compliance with accounting conventions prepare tax returns forms allocate bills labour legislation manage payroll reports handle financial transactions issue sales invoices