Bookkeeping Salaries

How Much Do Bookkeepers Make

Bookkeeping salaries are different depending upon the types of tasks completed, job title, years of experience, type of company worked for, as well as where in the world you live.

Bookkeeping Salaries

Whether you would like to know how much bookkeepers make because you need a bookkeeper or because you would like to become one, you will find plenty of valuable information here within this bookkeeping article.

See below for three different bookkeeping salary charts based on data from PayScale.

Bookkeeping Salaries By Experience Type

Bookkeeping and Accounting salaries per year, broken out by job title or type of experience. 

Bookkeeping Salaries by Job Title

Bookkeeping Salaries By Experience Years

Bookkeeping and Accounting salaries per year, broken out by number of years of experience. 

Bookkeeping Salaries by Experience

Bookkeeping Income By Company Type

Bookkeeping and Accounting salaries per year, broken out by type of company worked for. 

Bookkeeping Income by Company Type

Bookkeeping Salaries

Bookkeeping salaries vary depending on various factors, including location, experience, industry, and the size of the organization. However, bookkeeping is a vital function within any business, and professionals in this field are in demand.

In general, bookkeeping salaries can range from entry-level positions to more senior roles. Entry-level bookkeepers with limited experience may start with a lower payroll salary, but as they gain skills and expertise, their earning potential can increase.

According to data from the U.S. Bureau of Labor Statistics, as of May 2020, the median annual wage for bookkeeping, accounting, and auditing clerks was $42,410. However, it's important to note that this figure represents the overall median salary and does not account for variations based on experience or industry.

Factors that can influence bookkeeping salaries include:

1. Experience: Bookkeepers with more years of experience and a proven track record often command higher salaries. They have developed a deep understanding of bookkeeping principles, possess valuable industry knowledge, and may have expertise in specific bookkeeping software or financial systems.
2. Industry: Bookkeepers working in certain industries, such as finance, insurance, or professional services, may receive higher salaries due to the complexity of financial transactions and the specialized knowledge required.
3. Location: Salaries can vary significantly depending on the geographical location. For instance, bookkeepers in metropolitan areas or regions with a higher cost of living may receive higher salaries compared to those in rural areas.
4. Certifications and Education: Obtaining professional certifications, such as Certified Bookkeeper (CB) or Certified Public Bookkeeper (CPB), can enhance a bookkeeper's credentials and potentially lead to higher salaries. Similarly, advanced education or degrees in accounting or finance can contribute to higher earning potential.

It's important to note that bookkeeping salaries may also include additional benefits, such as health insurance, retirement plans, and paid time off, which can vary depending on the employer.

Overall, bookkeeping offers a stable career path with opportunities for growth and advancement. As businesses increasingly recognize the importance of accurate financial record-keeping, the demand for skilled bookkeepers remains strong, and competitive salaries are available for those with the necessary qualifications and expertise.

National Bookkeepers Association

The National Bookkeepers Association recently took a Bookkeeping, Accounting, and Payroll National Salary Survey for 2007.

The Salary Survey consists of the following categories which can be found below:

1. Accounts Receivable and Accounts Payable Clerk Salaries
2. Bookkeeper Salaries
3. Accountant Salaries
4. Payroll Specialist Salaries

BOOKKEEPING SALARIES

Accounts Receivable/Accounts Payable Clerk Salaries

Description Midwest Northwest Northeast Southeast Southwest National

Entry level: $27,000 - 33,750 $25,250 - 31,500 $29,000 - 36,250 $26,000 - 32,250 $28,000 - 34,750 $26,500 - 33,000

1 to 3 Years: $36,250 - 45,000 $33,750 - 41,750 $39,000 - 48,250 $34,750 - 43,000 $37,500 - 46,250 $35,500 - 44,000

Bookkeeper Salaries

Description Midwest Northwest Northeast Southeast Southwest National

Entry level: $27,000 - 34,000 $25,250 - 31,500 $29,000 - 36,250 $26,000 - 32,500 $28,000 - 35,000 $26,500 - 33,250

1 to 3 Years: $31,000 - 37,750 $28,750 - 35,000 $33,250 - 40,500 $29,500 - 36,250 $31,750 - 39,000 $30,250 - 37,000

4 to 6 Years: $35,250 - 44,000 $32,750 - 41,000 $37,750 - 47,250 $33,750 - 42,000 $36,250 - 45,250 $34,500 - 43,000

Over 6 years: $38,500 - 49,250 $35,750 - 45,750 $41,250 - 53,000 $36,750 - 47,250 $39,500 - 50,750 $37,500 - 48,250

Bookkeeping Salaries

Description Midwest Northwest Northeast Southeast Southwest National

Entry level: $32,250 - 37,750 $30,000 - 35,250 $34,500 - 40,500 $30,750 - 36,250 $33,250 - 39,000 $31,500 - 37,000

1 to 3 Years: $36,750 - 45,500 $34,250 - 42,250 $39,500 - 48,750 $35,250 - 43,500 $38,000 - 46,750 $36,000 - 44,500

4 to 6 Years: $44,000 - 55,250 $40,750 - 51,250 $47,250 - 59,250 $42,000 - 52,750 $45,250 - 57,000 $43,000 - 54,000

Over 6 years: $52,500 - 67,500 $48,750 - 62,750 $56,250 - 72,500 $50,250 - 64,500 $54,000 - 69,500 $51,250 - 66,000

Payroll Specialist Salaries

Description Midwest Northwest Northeast Southeast Southwest National

Entry level: $27,000 - 33,500 $25,250 - 31,250 $29,000 - 36,000 $26,000 - 32,000 $28,000 - 34,500 $26,500 - 32,750

1 to 3 Years: $35,500 - 44,750 $33,250 - 41,500 $38,250 - 48,000 $34,250 - 42,750 $37,000 - 46,000 $35,000 - 43,750

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