A bookkeeper, often mistaken for an accountant, typically has a background in accountancy.
This role requires strong mathematical skills and excellent organization.
Responsibilities include tracking sales, purchases, and other company transactions.
It’s an office-based job known for its stability, and if you’re aiming to become a bookkeeper in Colorado, you’re in the right spot!
Article Table of Contents
How to Become – Step by Step
In Colorado, there are two paths to becoming a bookkeeper:
- Education
- Practice.
Interestingly, both paths share a common first step.
Step 1 – Earn Your High School Diploma
Indeed, it’s generally understood that a high school diploma or GED is a prerequisite.
Without one of these diplomas, pursuing the education path isn’t possible.
The same can be said about the practice option.
Step 2 Education – Earn a Degree
While not obligatory, employers often seek candidates with some postsecondary education, as indicated by the Bureau of Labor Statistics (BLS).
For this occupation, you can pursue either an Associate’s Degree or a Bachelor’s Degree.
It’s essential to note that the degree must be in accountancy or business.
As a bookkeeper, on-the-job training is essential, typically lasting around 6 months.
During this time, you’ll familiarize yourself with the necessary software and adapt to your employer’s pace of work.
Step 2 Practice – Gain Experience
For this particular stage, a minimum of 1 year and a maximum of 2 years of experience is necessary.
The American Institute of Professional Bookkeepers (AIPB) mandates 2 years of practice for licensure.
On the other hand, the National Association of Certified Public Bookkeepers (NACPB) requires only 1 year of experience for certification.
Step 3 Practice – Earn Credentials
For those following this path, having at least one credential on their resume is crucial, while obtaining two is even more advantageous.
The credentials available are:
- Certified Bookkeeping Professional (CPB) designation offered by NACPB
- Certified Bookkeeper (CB) license offered by the AIPB
Both NACPB and AIPB are nationally recognized organizations.
To earn these credentials, you must pass all four exams offered by these organizations.
The first two exams are held at most Prometric testing centers, while the remaining two are open-book and can be completed using your workbook.
Individuals who pursue the educational path can also obtain these certifications.
Furthermore, it’s essential to continue education annually by completing 24 hours of training.
Bookkeeping Programs in Colorado
So, which are the best institutions for bookkeeping training in Colorado?
Let’s find out!
Arapahoe Community College
At this college, you can receive a bookkeeping certificate.
There are major courses that have 26 credit hours to accumulate.
Additionally, students will have to choose 3 extra classes from this selection:
- ACC,
- BTE,
- BUS,
- CIS,
- FIN,
- MAN,
- MAR
This college has minimal requirements when it comes to enrolling:
- A high school diploma or a GED
- Age over 17
- No fee to pay for enrollment
Home-schooled individuals or even those who didn’t graduate high school can enroll as well.
Colorado Mountain College
Enrolling in this college means you’ll attend the Bookkeeper Basics Certificate program.
This certificate will prepare students for entry-level positions, where bookkeeping responsibilities are easy.
Students can fully attend the courses online because not all are available in person at all campuses.
Once the program is completed, you may seek the following certifications from the National Association of Certified Public Bookkeepers:
- Bookkeeping Certification
- Payroll Certification
- Quickbooks Online
You’ll have to accumulate this amount of credits:
- Minimum Credit Hours Required (16)
- Minimum Contact Hours Required (240)
CrossPurpose
Those choosing this training center first must complete the Admin Plus foundation courses.
At CrossPurpose, the bookkeeping course is free of charge.
The program lasts between 10 and 12 weeks.
Students could receive a stipend while learning as well.
There are some admission requirements for future students:
- Have an 8th-grade reading level
- Have a 6th-grade math level
- Have a 35+ WPM typing speed
- No financial crimes
- No theft charges
Community College of Denver
At this community college, you have access to more accounting/bookkeeping courses:
- AAS in Accounting – 97% of the program is offered online
- AAS in Accounting Transfer – 97% of the program is offered online
- Bookkeeping/Payroll Certification – 88% of the program is offered online
- Tax Preparation Certificate – 94% of the program is offered online
Those who choose to study for 2 years can then transfer to a 4-year program at a different school.
Students opting to live with their parents should expect to pay $22,445.
School Name | Address |
---|---|
Arapahoe Community College | 5900 S Santa Fe Dr, Littleton, CO 80120, |
Colorado Mountain College | 802 Grand Avenue, Glenwood Springs, CO 81601 |
Cross Purpose | 3050 RICHARD ALLEN CT. DENVER, CO 80205 |
Community College of Denver | Cherry Creek Building 1111 W. Colfax Avenue Denver, CO 80204 |
Bookkeeper Salary in Colorado
When contemplating a career path, it’s natural to seek information about potential earnings, especially at the outset.
In Colorado, the median salary for these professionals is approximately $45,090 per year.
Various factors can influence this figure, and the following cities tend to offer higher salaries.
Annual Salary Range:Location | Avg. Annual Salary |
---|---|
Boulder | $46,372 |
Lafayette | $46,328 |
Erie | $46,284 |
Allenspark | $46,195 |
Frederick | $46,107 |
Snowmass | $45,709 |
Broomfield | $45,576 |
Fraser | $45,488 |
Avon | $45,444 |
Edwards | $45,399 |
Regional Salary in Colorado
Region | Employed | Avg. Annual Salary | Avg. Hourly Pay | Top 10% Annual Salary | Bottom 10% Annual Salary |
---|---|---|---|---|---|
Boulder, CO | 1,820 | $55,400 | $26.63 | $73,120 | $37,910 |
Colorado Springs, CO | 2,390 | $48,500 | $23.32 | $63,430 | $33,380 |
Denver-Aurora-Lakewood, CO | 12,880 | $55,840 | $26.85 | $73,150 | $38,540 |
Fort Collins, CO | 1,730 | $51,250 | $24.64 | $65,820 | $35,820 |
Grand Junction, CO | 710 | $46,970 | $22.58 | $62,290 | $32,180 |
Greeley, CO | 1,180 | $50,440 | $24.25 | $66,840 | $34,190 |
Pueblo, CO | 510 | $46,340 | $22.28 | $61,810 | $32,330 |
* Employment conditions in your area may vary.
Frequently Asked Questions
What's the difference between a bookkeeper and an accountant in Colorado?
Bookkeeping and accounting are closely related yet distinct in their roles within businesses.
Bookkeepers focus on recording financial transactions, emphasizing administrative tasks.
Conversely, accountants analyze bookkeeping data to provide business insights and develop financial models.
What jobs can I apply to in Colorado?
Here are the most common jobs bookkeepers can get hired for:
- Accountant
- Auditor
- Credit Analyst
- Accounts Payable Manager
- Financial Analyst
- Financial Advisor
- Risk Analyst
- Finance Manager
What do I need to be a good bookkeeper in Colorado?
Good bookkeepers need:
- Proficiency with Excel and QuickBooks
- Basic accounting knowledge
- Very good interpersonal skills
- To prepare financial reports,
- To analyze account information
- To make accurate payroll entries
Read the full guide: How to Become a Bookkeeper