Bookkeeping Courses

Bookkeeping Courses

Are you skilled with numbers and looking to enhance your bookkeeping knowledge? Whether you’re running a small business, starting a new career, or upskilling in the industry, a nationally recognised bookkeeping course can help you achieve your goals.

Bookkeeping skills are essential in any industry. All businesses, large and small, require a solid understanding of key financial processes, including:

• Accounting systems and software
• Financial reporting
• Payroll management
• BAS and tax obligations

Bookkeeping courses provided by RTOs (Registered Training Organisations) are available through TAFEs, universities, and private providers across Australia. Courses range from certificates to diplomas, and many offer flexible options, including full-time, part-time, and self-paced study. Let’s explore the bookkeeping industry and the course options available to you.

What is bookkeeping?

Bookkeeping is the process of systematically recording and organising a business’s financial transactions to ensure accuracy and compliance. It involves tracking income, expenses, assets, and liabilities, which form the foundation of a company’s financial health.

Bookkeepers play a crucial role in maintaining these records so businesses can make informed decisions based on real-time financial insights. By maintaining precise and up-to-date financial records, bookkeeping helps businesses understand their financial position, plan for growth, and meet regulatory requirements.

What do bookkeepers do?

Bookkeepers are vital to the day-to-day financial operations of a business. They maintain accurate records of financial transactions, which helps management make informed business decisions.

Key responsibilities of a bookkeeper include:

• Processing purchases and sales transactions
• Managing payroll through accounting software
• Using computerised and cloud-based accounting systems
• Maintaining accurate records
• Preparing finance reports, such as BAS (Business Activity Statements) and interim reports

Completing a course teaches you the skills and knowledge you need to perform these essential tasks with confidence.

What jobs can I get with a bookkeeping course?

A career in bookkeeping is accessible for mature-aged workers returning to the workforce or those looking to enter the financial services industry. While many graduates go on to become bookkeepers or BAS agents, there are a variety of potential career paths, including:

• Accounts assistant
• Payroll officer
• Accounts administrator
• Bookkeeper
• Business services manager
• Assistant accountant
• Accounts payable
• Office manager
• BAS agent

If you wish to take on further training, there’s also opportunity to progress into a career as an accountant.

Job outlook for Australian bookkeeping professionals

The job outlook for bookkeepers in Australia offers ample opportunities, especially for part-time and flexible work. While some projections suggest a slight decline in the total number of positions over the coming years, there are still significant opportunities due to natural turnover. Many bookkeepers work within the Professional, Scientific, and Technical Services sectors, as well as Construction.

• Job Flexibility: Bookkeeping offers options for full-time, part-time, and freelance or sole trader roles.
• Average Salary: The average full-time salary for bookkeepers in Australia is approximately $64,160 per year.
• Career Growth: Bookkeeping is a viable choice for career changers, as many workers enter the profession later in their careers, making it ideal for those re-entering the workforce.

Types of bookkeeping courses

From short courses to Certificate IV and Diploma programs, a variety of bookkeeping courses are available. Depending on your career goals, you can choose a qualification that prepares you for immediate employment as a bookkeeper or a specialised short course to gain specific skills.

Bookkeeping short courses

Short courses are ideal for those wanting a quick introduction or targeted skills in specific software. Topics often include popular programs such as MYOB, Xero, and QuickBooks. These short courses are perfect for business owners or beginners looking to understand basic accounting software at their own pace.

Certificate I in financial services

This entry-level certificate introduces fundamental concepts in finance, such as budgeting, debt management, and understanding tax and superannuation. It’s a great start for those who want to gradually ease into the field, with roles such as insurance investigator or credit officer as potential outcomes.

Certificate III in Accounts Administration

A step up, the Certificate III in Accounts Administration covers a broader range of skills. Graduates can pursue roles like accounts clerk, payroll clerk, or customer service roles in financial services.

Certificate IV in Bookkeeping

The Certificate IV in Bookkeeping is a comprehensive, nationally recognised qualification ideal for those aiming to become bookkeepers or BAS agents. This course covers all competencies required by the Tax Practitioners Board (TPB) for registered BAS agents, including setting up and maintaining accounting systems, preparing financial statements, and managing payroll. Graduates can work for small businesses or as independent contractors.

Is a bookkeeping course right for you?

The right bookkeeping course depends on your career goals. For those seeking a professional career in bookkeeping or BAS agent registration, a more comprehensive course, like Certificate IV, is recommended. If you’re a small business owner, a shorter course may provide the necessary skills to manage your finances effectively.

Most accounting and bookkeeping courses are available online, allowing for self-paced study that fits around other commitments. Additionally, many providers offer payment plans to make education more accessible.

Ready to start your bookkeeping journey? Enquire today to receive more information about enrolment and take the first step towards a rewarding career in finance!