"A bookkeeper records the financial transactions of an organization and takes care of day-to-day functions such as recording sales and invoices, paying bills and processing payroll," Stephens said. "Accountants take the financial data and analyze it to help organizations make financial decisions."

Many bookkeeping professionals agree that their profession does not require any supernatural skills. As far as newcomers to the accounting industry are concerned, they certainly have a hard time at first. Yet, the same can be said about any other profession. All skills and abilities come only with time and experience.

The bookkeeper will start the day by organizing and updating financial records, such as invoices, receipts and bank statements. Inputting data into accounting software. This can range dependant on the companies choice, examples like QuickBooks, SAGE etc to keep track of expenses and income. Reconciling of accounts.