Great question, the bulk of time for bookkeepers is spent on accounting tasks. Deposit funds after posting AR from customers, making payments to vendors who provide services to keep the office running, print payroll checks or process payroll electronically, balance bank accounts and issue expense account reimbursements. Financial transactions must also be entered in the accounting software program on a daily basis, so account balances accurately reflect income and outgo. Many bookkeepers also prepare reports -- financial, auditing, accounting, and tax -- on a monthly or quarterly basis. The base salary for an entry level bookkeeper is 30k per year.