These free online bookkeeping courses will teach you how to record and classify the accounting transactions of a business firm including purchases, sales, and payments made by an individual or an organization/corporation as well as receipts. You will learn the techniques involved in recording these transactions which are needed in analyzing business performance....…Read More These free online bookkeeping courses will teach you how to record and classify the accounting transactions of a business firm including purchases, sales, and payments made by an individual or an organization/corporation as well as receipts. You will learn the techniques involved in recording these transactions which are needed in analyzing business performance. Read Less
An online diploma program is considered postsecondary, non-degree training.Generally speaking, online diplomas are awarded for specific professional or vocational training. Diplomas are available in a wide variety of professions, including healthcare, technology and business. Click to Learn More Click to Learn More
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Bookkeeping vs accounting: what is the difference?
Very simply, bookkeepers maintain all the financial records while accountants interpret them. So bookkeepers keep track of income and expenditure while accountants will be able to see if a profit or loss is being made, how much tax is due and where investments can be made. The term ‘bookkeeper’ comes from ‘keeping the books’, which in the past were literally ledgers in which all in the incomings and outgoings were recorded.
What skills does a bookkeeper need?
Sometimes disparagingly referred to as ‘bean counters’ because they need to keep track of every last cent, bookkeepers have an important job and need lots of sought-after skills:
Attention to detail
Maths ability
Stickler for correctness
Discipline to do daily captures
Discretion not to reveal employer’s or clients’ financial standing
Confidentiality not to reveal salaries and payroll
Trustworthiness not to steal or embezzle money
Ability to keep perfect records
Ability to file invoices, receipts and other necessary documentation
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