Bookkeeper in Detroit, Michigan Salary
How much does a Bookkeeper make in Detroit, MI? The average hourly rate for a Bookkeeper in Detroit is $17.00 per hour. This is 2% higher than the national average for a Bookkeeper which is $16.59 per hour. Wages for a Bookkeeper in Detroit range from $12.37 per hour to $29.59 per hour. Total Annual Compensation, which includes hourly rate and overtime for a Bookkeeper in Detroit ranges from $26,087 to $60,935 annually. Among those reporting, there is an average job satisfaction rating of 5 out of 5 stars. In this profession, there is a pretty equal ratio of male and female in Detroit with women accounting for 50 percent of the population. In Detroit, a Bookkeeper often enjoys medical and vision benefits provided by their employer.
|Hourly Rate||$12.37 - $29.59|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$26,087 - $60,935|
Job Description for Bookkeeper
As a bookkeeper one can expect to work in close proximity with a business or company in order to ensure that the most economically viable and safe decisions are made in order to keep finances tight and under control. A bookkeeper should have vast knowledge of QuickBooks, or a similar a computer accounting program, in order to track and record the financial transactions and records of a company. Strong MS-Excel skills are also a must in most companies. Part of the bookkeeping process also includes calculating, recording, and balancing financial reports, including payroll. Therefore, a bookkeeper will need to maintain a healthy relationship with employees in order to communicate and work out changes in salaries, changes to benefits, and other changes to an employee’s pay. A bookkeeper will also work closely with managers or business owners to help ensure that smart decisions are made when selling company assets or evaluating said company’s total revenue, profits, losses, and financial position. In order to communicate the aforementioned information fully and thoroughly bookkeepers will also be responsible for creating many reports, usually these reports will be generated once a month, semiannually, or annually. Other responsibilities that a bookkeeper may have include creating reports for information pertaining to retirement and payroll, entering changes to employee payroll records (often through Quickbooks), and handling voluntary and involuntary deductions. Usually, a bookkeeper will also be in charge of paying the many expenses a business incurs. These expenses usually include things like electricity, internet, office supplies, credit card bills, phone bills, and whatever other expenses a business may incur through its operations. (Copyright 2017 PayScale.com)
- Calculate, key, total, and balance substitute payrolls.
- Handle voluntary and involuntary deductions.
- Enter changes to employee payroll records.
- Create reports for information pertaining to retirement and payroll.
- Communicate with employees regarding changes in salary, benefits, etc.
Bookkeeper Job Listings
Key Stats for Bookkeeper
Rated 5 out of 5
based on 2 votes.