Their duties are different from those of accountants, who interpret, classify, analyze, and summarize financial data. Bookkeepers often work from home, as their tasks can usually be done online. Employers often want bookkeepers to have some postsecondary education, though some will also provide on-the-job training.

A bookkeeping side hustle offers incredible flexibility. It allows you to balance work with personal life. It also opens opportunities to work with a wide range of clients from different locations.

As you start looking for a remote accountant job, you'll discover remote work in the field of accounting is not only feasible but flourishing. Advanced software solutions, security protocols, and changing work norms have brought about a new generation of accounting careers.

"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."