Reasons to Study a Bookkeeping Course

Apart from Bookkeepers being a career in demand in South Africa, there are a number of other beneficial reasons to study Bookkeeping through Matric College.

Do you want to pursue a career in Bookkeeping? Here you can find the top (5) five reasons to study a Bookkeeping Course through Matric College.

Why Should I Study Bookkeeping?

These are the top five reasons you should study a Bookkeeping Course:

  1. Every business needs a Bookkeeper
  2. Bookkeeping is a flexible career option 
  3. You will not have to multitask
  4. There will be a steady income
  5. It is a rewarding career

Every Business Needs A Bookkeeper

Bookkeeping plays a vital role in the administration and functioning of a business. It is the Bookkeeper’s job to ensure that all the accounts are valid and up to date when the Accountant needs them. 

With accurate Bookkeeping, a business can:

  • Manage its cash flow
  • Meet its financial commitments
  • Plan future investments
  • Budget for unforeseen circumstances

Bookkeeping Is A Flexible Career Option

Bookkeeping is a flexible career option, meaning you can maintain a healthy work-life balance.

The following factors make Bookkeeping a flexible career option for you:

  • Freelancing. You can work as a freelance Bookkeeper and choose your working hours and how much work you do.
  • Part-time employment. You will be able to work part-time and pursue other projects or activities.
  • Remote work. You can work from home or from anywhere in the world.

You Will Not Have To Multitask

Bookkeepers often have set tasks. The work they do requires that they pay attention to the finest of details because mistakes will lead to big, costly and more time-consuming problems at a later stage.

You Will Have A Steady Income

As long as there are businesses, there will always be a need for Bookkeepers. Because of this, Bookkeeping is a career that will not die out soon, and there will always be jobs available.

Bookkeepers will therefore have a steady income.

If Bookkeepers manage the books well, the company they work for will have a good and steady income. In turn, the Bookkeeper will also be rewarded well for their contribution to the company’s success.

It Is A Rewarding Career

Although Bookkeeping can be a challenging career, it is very rewarding. When the business’ finances are up-to-date and in order, it will flourish. It will be rewarding for you, as the Bookkeeper, for the business, and for its employees.

What Are The Duties of A Bookkeeper?

The duties of a Bookkeeper include, but are not limited to, the following:

  • Managing time sheets and payroll
  • Pay invoices
  • File tax returns
  • Maintain office supplies
  • Recording day-to-day financial transactions
  • Form financial reports
  • Participate in the business’ financial strategy development

Where Can I Study To Become A Bookkeeper?

You can study Bookkeeping at various Colleges and Universities in South Africa. One of them is Matric College.

Why Should I Study At Matric College?

There are a number of benefits to studying with Matric College. Here they are:

What Courses Can I Study To Be A Bookkeeper?

You can study the following courses at Matric College to become a Bookkeeper:

Each of our Bookkeeping Courses build on each other. This means that you first have to complete our Bookkeeping: ICB National Certificate Course before taking the Bookkeeping: ICB FET Certificate Course.

Bookkeeping: ICB National Certificate

The Bookkeeping: ICB National Certificate is one of our two ICB: Bookkeeping Courses that you can complete. It is also known as the ICB Bridging Course. You need a Grade 10 qualification to apply for this course.

Once you have completed this course, you can then take our Bookkeeping: ICB FET Certificate Course.

Bookkeeping: ICB FET Certificate

Our Bookkeeping: ICB FET Certificate Course is one of our Matric Equivalent Certificate Courses. You will be taught how to:

  • Analyse financial statements
  • Prepare budgets and accounts
  • Understand and work according to cash flow principles

Can I Be A Bookkeeper If I Failed Matric?

Yes, you can be a Bookkeeper, even if you did not pass Matric. Our courses at Matric College are designed to help you get your qualification in Bookkeeping without having passed Matric.

It is, however, important to note that our courses are not only for those who did not pass Matric. You can apply for any of our ICB Courses, even if you passed Matric.

What Do You Learn From Bookkeeping?

You do not only learn how to be a Bookkeeper. You will also learn important life skills like:

  • Time management skills
  • Numeracy skills
  • How to budget and handle your personal taxes
  • Critical thinking skills
  • Organisational skills

Is Bookkeeping Worth Learning?

Yes, it is definitely worth it to study Bookkeeping. Being able to handle finances is a great skill to have. If you do decide to start your own business, you will already have the knowledge and skills needed to handle its finances. A business with a good Bookkeeper will never fail.

Are Bookkeepers In Demand 2022?

Yes, Bookkeepers will always be in demand. With new businesses being launched every day, there will always be a need for Bookkeepers. Bookkeeping is especially important for small startup businesses so that their finances can be handled correctly and they can make a profit.

Is Bookkeeping A Stressful Job?

While Bookkeeping is a challenging career, if you really do enjoy it, you will not find it stressful.

What Are The Disadvantages Of Bookkeeping?

Here are a few of the disadvantages of Bookkeeping:

  • It requires accuracy. If you do not do your job properly, the business may have financial problems and you will have to redo what you have already done.
  • It is a time-consuming job. If you have made a mistake, recollecting and tracking financial records will take long.

Is Bookkeeping And Accounting The Same Thing?

No, Bookkeeping and Accounting are not the same. Below are the differences between the duties of a Bookkeeper and an Accountant.

Bookkeeping

Accounting

Creates customer invoices

Simplifying and sharing financial data

Collects customer payments

Summarising financial data

Records and sorts financial transactions

Preparing financial reports

Processes Payroll

Requires special skills and knowledge

Maintains ledgers and cash books

Reviews financial statements to form a business financial analysis and financial forecasts for the future

Generate cash flow statements

 

There are numerous other reasons why taking a Bookkeeping Course will be beneficial to you. Everyone should, however, have their own experience studying and working as a Bookkeeper.

If Bookkeeping is a career that you would like to pursue, do not wait. Contact one of our Course Experts and register today.

Author: Tammy Fredericks
Editor: Stacey Christian
Date Published: December 19, 2022