Bookkeeper Vs Accountant Salary Uk
Accountant typical salary.
Bookkeeper vs accountant salary uk. The average salary for an accountant in united kingdom is 29 374. Bookkeeper vs accountant salary uk. For accountants with more experience and additional qualifications these figures can be much higher.
Technically accountants can do a bookkeeper s job and a bookkeeper can often do an accountant s job according to edwards. Calculate salary national insurance hmrc tax and net pay. Some explanations for the salary differences are listed below.
I estimate that a bookkeeper s salary will be less than half of an accountant s salary. A bookkeeper s job is to record organise the financial data of a business whereas an accountant s job is to analyse. Salary estimates are based on 66 salaries submitted anonymously to glassdoor by bookkeeper employees.
They record and calculate income and expenses raise purchase invoices make bank transactions and create sales invoices. And that s kind of similar to the main difference between an accountant and a bookkeeper. More experienced accountants will be able to earn higher salaries but bookkeepers will not see significant salary increases.
Posted on november 11 2020 by in general. 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. Because of the similarity in the nature of the work of a bookkeeper and accountant often the terms are used interchangeably.
Bookkeeper typical salary. Bookkeepers also ensure that the accounts balance using a trial balance. However accountants will tend to charge much more than bookkeepers.