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13 skills that will make you a good AAT Bookkeeper

13 skills that will make you a good AAT Bookkeeper

What are the qualifications for an AAT bookkeeper?

A bookkeeper assists organizations in maintaining comprehensive financial management by handling day-to-day financial responsibilities such as data entry, VAT reports, and payroll. Being an AAT Bookkeeper also gives you the ability to prepare anything up to a trial balance. The following are some of the services that a bookkeeper generally provides:

  • Invoices and purchase orders
  • Credit control and sales accounting
  • Administration of cash and banking
  • processing of data
  • Accounting for payroll
  • Creating financial statements using data

You can learn to be a bookkeeper by self-studying or pursuing an internship after high school to learn in a controlled atmosphere. Throughout this training time, you will learn how to utilize accounting software and know basic bookkeeping principles. 

Those wishing to work for a larger organization may benefit from earning an associate degree in accounting, which teaches general finance. Bookkeeper certification programmes are offered by the National Association of Certified Public Bookkeepers, the Institute of Certified Bookkeepers, and the American Institute of Professional Bookkeepers. It would help if you satisfied the following prerequisites to become a certified bookkeeper:

  • Passing the Uniform Certified Public Bookkeeper Examination, which consists of four parts.
  • Obtaining a bachelor's or associate's degree in accounting
  • Completing a non-credit education course on particular bookkeeping subjects
  • Getting a year's worth of Bookkeeping or accounting expertise (or 2,000 hours)
  • Completing and applying for an accounting license
  • Each year, obtaining 24 hours of continuing professional education credits.
  • Accepting and adhering to a professional code of conduct

What distinguishes AAT bookkeepers from accountants?

Accountants and bookkeepers both maintain track of a business's financial transactions. Accountants are more concerned with understanding data, whereas bookkeepers are more concerned with keeping it. Accountants, on average, have more education than AAT bookkeepers, which helps them read data and assess a company's financial health. Another distinction between bookkeepers and accountants is that bookkeepers focus on transactional data, whereas accountants offer subjective feedback based on the information provided by bookkeepers. 

While completing their accounting school, many accountants obtain experience as bookkeepers to understand the fundamentals of financial record-keeping.

AAT courses in Bookkeeping

It takes more than arithmetic to be a successful bookkeeper. It comprises a wide range of soft skills and other qualities that aren't immediately associated with accountancy or Bookkeeping.

Bookkeeping is the entry point into the accounting field. The top 10 abilities that will make you a successful bookkeeper are listed below if you're trying to boost your work way up in the area. Also, if you're thinking about a career in Bookkeeping but are just getting started, check out some of the online AAT courses Future Connect offers, such as:

AAT level 1

Students who need to improve their finance or business abilities might start with an access certification. These certifications are intended to provide students with the necessary background knowledge and confidence to pursue a higher level AAT degree and advance in their lives and professions.

If students want to learn the fundamentals of manual Bookkeeping, they should enroll in the AAT Access Award in Bookkeeping. Students who complete this programme may pursue professions in finance or business in the private or governmental sectors. This award complements the previous AAT Access qualifications. It may be paired with the AAT Access Award in Accounting Software to provide a solid basis for further AAT study in accounting or Bookkeeping.

AAT level 2

The AAT Foundation Certificate level 2 in Bookkeeping is a brief qualification that will provide you with a solid foundation in Bookkeeping and other fundamental accounting processes. You'll study double-entry Bookkeeping, which is the basis for all accounting and bookkeeping degrees. There are two modules in the foundation-level bookkeeping certificate. Bookkeeping Transactions and Bookkeeping Controls are examples of this. The Foundation Certificate in Bookkeeping will help you get to AAT Level 3 quickly.

AAT level 3

Three units from the Advanced Diploma in Accounting make up the Advanced Certificate in Bookkeeping. This bookkeeping certification equips students with all of the abilities they'll need to start as a bookkeeper or advance to a higher level of accounting. 

As a result of this certification, you will comprehend advanced bookkeeping principles and ideas. These include financial statement preparation for sole traders and partnerships and indirect tax (VAT in the UK) concerns in the company.

You can apply to be an AAT Bookkeeper after earning your Advanced Certificate in Bookkeeping.

AAT bookkeeper skills

Organization

You'll have to satisfy deadlines set by your employers and clients, as well as Tax Return and VAT deadlines, as well as Year-End accounting standards. You'll have to plan out your months and years in advance, and how you work will be dictated by these strict deadlines. Organizing your time around these will impact your job, competence, and potential clients/employers perceive your services.

Communication

AAT Bookkeepers must convey information to clients professionally and intelligibly, both in person and via internet contact. It varies depending on the firm's size in which you work; you will also need to engage successfully with other persons in your department and express yourself to your team and colleagues in other departments.

Transparency and Integrity

The fact that you are the primary source of knowledge for most of your coworkers indicates that they have total trust in your talents. That is why you must provide them with the same feedback, including honesty and dedication. The information you're provided might be highly sensitive, especially if it involves financial activities. So make sure they stay that way while still providing a straightforward approach to your coworkers when necessary.

Good Math

Future Connect mentioned it's about more than numbers, but numbers are still the most crucial aspect of being a successful bookkeeper. For obvious reasons, numerical abilities are required in Bookkeeping and accounting, balancing the books or tallying up the entire sum of a series of transactions. You should be able to do addition, subtraction, multiplication, and division and have the confidence to apply your abilities in these areas.

Detail Orientation

You're working with a company's or client's financial data, so make sure everything you're documenting is correct down to the last penny. It ensures that economic policies are followed. It will guarantee that your job is not jeopardized and that you abide by all moral commitments and integrity standards.

Discipline

Discipline may take many different shapes. It manifests itself in stress management and how you operate under duress, and how you conduct yourself in the workplace. Your ethics and morality in dealing with their money may make or break a company's financial status. If this data goes into the negative hands, it may be terrible for the firm and your reputation if you are discovered.

Commitment

Bookkeeping is a wonderful place to start in the accounting profession because it begins a strong career path. To be successful in the accountancy field, you must demonstrate a high degree of devotion to completing the work at hand with minimal expenses and resources to your company or customer.

Computer Proficiency

In contrast to the conventional approach of writing down quantities and numbers, the bulk of Bookkeeping is now handled by computerized accounting systems. Although manual accounting is still in use, it has been surpassed as a more effective method of managing bookkeeping responsibilities by its software equivalent.

Systems like Sage and Quickbooks are two world-renowned examples with their simplicity and user-friendliness.Microsoft Excel and basic computer navigation are essential abilities for a bookkeeper to perform their job.

Problem-Solving

If you find an error or anomaly in a system or group of accounts, it will be up to you to analyze where the problem is. Determine what it is and how you may respond without jeopardizing the data's result. As you figure out the best strategy to tackle the problem, you will put your judgment to the test.

Innovation

The trend of data turning electronic has been around for quite some time. To connect numerous dots, you'll need your analytical abilities, and since technology is available to assist you, why not give it a shot? Finally, if you want to stay ahead of the curve, you'll need to keep up with the latest software and working tools. You will never become obsolete for the firm or business you work for if you constantly look for new methods to make your job more efficient.

General ledger

The general ledger aids bookkeepers in recording and tracking a business's revenues and costs. The most important skill for a bookkeeper is constructing and managing a register. Software, electronic spreadsheets, and paper can all create catalogs and sub-ledgers. Bookkeepers can use these to view and change information that has been recorded throughout the company's history.

Commitment to work

Managing a company's books is a major duty that demands dedication. Because bookkeepers may work for various businesses, they must give each customer their undivided attention and devotion when working on their files. When you identify a problem or issue as a bookkeeper, you may demonstrate dedication by looking for a solution and personally managing it.

Memory 

When recalling prior information, having a good mental memory helps bookkeepers. You may be better at keeping track of financial information, responding to customer queries, and recognizing any flaws in your files if you have an excellent memory. When it comes to addressing bookkeeping difficulties that need you to recollect a precise amount, a memory comes in handy.

How to highlight your skills as an AAT bookkeeper?

On a CV, in a cover letter, and at a job interview, you may emphasize your bookkeeping talents in the following ways:

AAT bookkeeper skill on CV 

There are a few locations on your resume where you may emphasize your bookkeeping talents. The resume objective, where you describe your experience with finance and record-keeping, is the first place to highlight your abilities. You may also make a skill list for five to ten appropriate bookkeeping qualifications with bullet points. Examine the keywords used by the company in their job description when deciding which abilities to mention. If they're seeking someone who knows how to use debit and credit cards, for example, add those terms to your skill list.

Skills as a bookkeeper in a cover letter

Your cover letter is an opportunity to go over the bookkeeping talents you mentioned on your CV in further detail. You can use this section to show how you applied abilities like organization, attention to detail, and time management in the workplace. You can also explain how you aim to use your talents in future bookkeeping jobs and build on what you learned in previous jobs.

Demonstrate your bookkeeping abilities in an interview

Review some of the attributes the company is searching for in a bookkeeper before your job interview. To prepare for any technical questions they may ask, try practicing mental math and thinking about common bookkeeping difficulties. Show up on time, dress properly, and use your verbal communication skills to model your ideal workplace conduct to promote your soft skills throughout the interview.

Conclusion

Future Connect understands that this isn't always possible and that we're all prone to forgetting things now and again. As a bookkeeper, though, you must keep track of everything and attempt to recall information connected to your evidence. When it comes to fitting together a large puzzle, every piece of information counts.

Future Connect can guide you to a successful career as a bookkeeper at Future Connect. Our Bookkeeping Management program will equip you to take the QuickBooks Professional User certification exam. This test improves your ability to manage revenue, expenses, bank accounts, receivables, inventories, work costs, fixed assets, payables, loans, payroll, billable time, equity, and more in some of the most common bookkeeping applications.

FAQs

Q.1: What is a bookkeeper's most crucial responsibility?

Bookkeepers maintain money, property, and other financial assets' inflows and outflows. The most important job of a bookkeeper is to record and review all financial data correctly. To succeed in this field, you must pay close attention to details and be exceedingly precise while recording numerical data.

Q.2: What is a bookkeeper's role?

A bookkeeper is responsible for tracking financial activities such as purchases, receipts, sales, and payments daily. To keep records of entries, debits, and credits, many small firms utilize software like QuickBooks or Xero.

Q.3: What does it mean to have professional skills?

Professional talents are qualities that can assist you in achieving your goals at work. Skilled talent is a habit, personality feature, or ability that has a beneficial impact on your job performance.