Starting a bookkeeping business can be a great way to make money and help entrepreneurs manage their finances. However, in order to make your bookkeeping business more reputable and credible, you may want to consider obtaining a bookkeeping certification. In this article, we will discuss the different types of bookkeeping certifications available, how to choose the right certification for your business, and the step-by-step process for obtaining a bookkeeping certification.
What is a Bookkeeping Certification?
A bookkeeping certification is a credential that indicates that an individual has the skills and knowledge to perform bookkeeping tasks correctly. There are a variety of bookkeeping certifications available, which we will discuss in more detail following. In general, bookkeeping certifications can be obtained either online or offline.
Different Types of Bookkeeping Certifications
There are a variety of bookkeeping certifications available, which can be classified into two main categories:
General Bookkeeping Certification
These certifications are designed for individuals who want to show that they have the basic bookkeeping skills and knowledge. Examples of general bookkeeping certification include the National Bookkeepers Association (NBA) Certification and the American Institute of Professional Bookkeepers (AIPB) Certification.
Specialized Bookkeeping Certification
These certifications are designed for individuals who want to show that they have bookkeeping skills and knowledge in a specific area. Examples of specialized bookkeeping certification include the Certified Bookkeeper (CB) designation from the Institute of Certified Bookkeepers and the Certified QuickBooks ProAdvisor (QBP) designation from QuickBooks.
How to Choose the Right Bookkeeping Certification for Your Business
The bookkeeping certification that is right for your business will depend on a number of factors, such as your bookkeeping experience, the type of bookkeeping services you offer, and the target market for your bookkeeping business. It is important to also note that certification courses may require that you’ve already had at least two years of professional experience in addition to taking an exam.
If you are just starting out in the bookkeeping business, a general bookkeeping certification may be a good option for you. This will give you an overall understanding of bookkeeping concepts and principles.
If you have been in the bookkeeping business for a while and want to specialize in a certain area, then a specialized bookkeeping certification may be a better option for you. This will allow you to showcase your bookkeeping skills and knowledge in a specific area, which can make your bookkeeping business more credible and reputable.
The Step-By-Step Process for Obtaining a Bookkeeping Certification
- Research the different bookkeeping certifications available and choose the right one for your business.
- Register for the bookkeeping certification exam with the chosen organization.
- Study for the bookkeeping certification exam using the resources provided by the organization.
- Pass the bookkeeping certification exam and receive your certification.
- Maintain your bookkeeping certification by completing any required continuing education units (CEUs).
The Benefits of Having a Bookkeeping Certification
There are a number of benefits that come with having a bookkeeping certification, such as:
- Improved credibility and reputation for your bookkeeping business
- Increased opportunities to win bookkeeping clients
- Ability to charge higher rates for your bookkeeping services
- Peace of mind knowing that you have the skills and knowledge to perform bookkeeping tasks correctly
A bookkeeping certification can be an important credential to have for your bookkeeping business. It can help improve the credibility and reputation of your business, as well as increase opportunities to win new bookkeeping clients. In order to obtain a bookkeeping certification, you will need to pass an exam that is administered by a recognized organization. The process of studying for and passing the exam can be challenging, but with enough preparation it is achievable. The benefits of having a bookkeeping certification are many, including improved credibility and reputation, increased opportunities to win new clients, higher rates for services rendered, and peace of mind knowing that you have the skills and knowledge needed to perform bookkeeping tasks correctly.