How to Make Money (Online and Offline) from Accounting Jobs
Some professions are better than others, not just in terms of job satisfaction and remuneration, but in that they are relatively recession-proof and/or can be done on a freelance and salaried basis. Accounting is one such career – when you become one, you find that jobs are easy to come by as long as you’re skilled and ethical, and as time goes by, you can set up your own practice and work from your home too if you so prefer. So if you’re looking for ways to make money from accounting, here are some of the things you could try:
- Bookkeeping: This is a basic accounting job, and if you’re working as a salaried employee, you may also be responsible for other general administrative tasks. This job can be done on location and offsite, from home or on a freelance basis. If you work as a freelancer, you have the advantage of taking on the bookkeeper’s role for many organizations and so earning more money. However, remember never to take on more than you can manage because when you start to overwork yourself, it’s very easy to become stressed and make errors. Accounting and bookkeeping errors could become costly affairs.
- Accounting and tax preparation: You’re responsible for maintaining the accounts of a company and helping them file their tax returns. After you gain a fair amount of experience in this field working for organizations and small business in a salaried position, you could branch off on your own and take on clients (both individual and businesses) who require your services during tax season. The key to pushing up the volume of business is to hold on to existing clients by providing them with timely assistance and also find new ones through references and promoting your services.
- Become a CPA: If you want to get ahead in this profession, consider applying to become a CPA (Certified Public Accountant). It’s a tough task, but if you’re well prepared and apply yourself, you can increase your earnings, improve your demand, and enhance your credibility and respectability. CPAs too work solely for organizations (government and private) that hire their services or for individuals who seek their assistance.
Success as an accountant depends on how much experience you have and how many references you can provide – the more the merrier in both cases. When potential clients know you’re both capable and trustworthy, they don’t hesitate to sign you up no matter what your charge. So work on your skills, keep up with the happenings in the accounting world and the rules that govern the accounting and tax business, and adopt straightforwardness in all your work to enjoy a successful accounting career.