Average Salary For Bookkeepers In South Africa

Bookkeepers are responsible for providing accurate, up-to-date financial information about a business. They’re always taking the pulse of a business. Bookkeepers may also share some jobs with accountants, such as the preparation of annual financial reports and tax returns.

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Below are salaries earned by A Bookkeeper In South Africa

A person working as a Bookkeeper in South Africa typically earns around 14,600 ZAR per month. Salaries range from 7,600 ZAR (lowest) to 22,400 ZAR (highest).

This is the average monthly salary including housing, transport, and other benefits. Bookkeeper salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Bookkeeper Salary Distribution in South Africa

The median, the maximum, the minimum, and the range

Salary Range

Bookkeeper salaries in South Africa range from 7,600 ZAR per month (minimum salary) to 22,400 ZAR per month (maximum salary).

Median Salary

The median salary is 14,000 ZAR per month, which means that half (50%) of people working as Bookkeepers (s) are earning less than 14,000 ZAR while the other half are earning more than 14,000 ZAR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Percentiles

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Bookkeepers (s) are earning less than 9,740 ZAR while 75% of them are earning more than 9,740 ZAR. Also from the diagram, 75% of Bookkeepers (s) are earning less than 17,500 ZAR while 25% are earning more than 17,500 ZAR.

Bookkeeper Salary Comparison by Years of Experience

How do experience and age affect your pay?

The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Bookkeeper salaries by experience level and this is what we found.

A Bookkeeper with less than two years of experience makes approximately 8,640 ZAR per month.

While someone with an experience level of between two and five years is expected to earn 11,600 ZAR per month, 34% more than someone with less than two years of experience.

Moving forward, an experience level between five and ten years lands a salary of 15,100 ZAR per month, 30% more than someone with two to five years of experience.

Additionally, Bookkeeper(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 18,200 ZAR per month, 21% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 19,900 ZAR per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 21,000 ZAR per month, 5% more than people with fifteen to twenty years of experience.

Bookkeepers’ average salary changes by experience in South Africa

0 – 2 Years8,640 ZAR
2 – 5 Years+34%11,600 ZAR
5 – 10 Years+30%15,100 ZAR
10 – 15 Years+21%18,200 ZAR
15 – 20 Years+9%19,900 ZAR
20+ Years+5%21,000 ZAR

Bookkeeper Salary Comparison By Education

We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Bookkeeper salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Bookkeeper is 10,300 ZAR per month.

While someone with a Certificate or Diploma gets a salary of 14,700 ZAR per month, 43% more than someone having a High School degree.

A Bachelor’s Degree gets its holder an average salary of 20,300 ZAR per month, 38% more than someone with a Certificate or Diploma.

Bookkeepers’ average salary difference by education level in South Africa

High School10,300 ZAR
Certificate or Diploma+43%14,700 ZAR
Bachelor’s Degree+38%20,300 ZAR

Bookkeeper Salary Comparison By Gender

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Bookkeeper employees in South Africa earn 8% more than their female counterparts on average.

Male15,300 ZAR
Female-7%14,200 ZAR

Bookkeeper Average Annual Salary Increment Percentage in South Africa

How much are annual salary increments in South Africa for Bookkeeper(s)?

How often do employees get salary raises?

Bookkeeper

Bookkeepers (s) in South Africa are likely to observe a salary increase of approximately 10% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Bookkeeper Bonus and Incentive Rates in South Africa

How much and how often are bonuses being awarded?

A Bookkeeper is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

74% of surveyed staff reported that they haven’t received any bonuses or incentives in the previous year while 26% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.

Received Bonus
26%

No Bonus
74%

Bookkeeper Average Hourly Wage in South Africa

The average hourly wage (pay per hour) in South Africa is 84 ZAR. This means that the average Bookkeeper in South Africa earns approximately 84 ZAR for every worked hour.

How much do bookkeepers earn in South Africa?

Find out what the average Bookkeeper salary is

The average bookkeeper salary in South Africa is R 215 388 per year or R 110 per hour. Entry-level positions start at R 180 000 per year, while most experienced workers make up to R 358 714 per year.

Are our bookkeepers in demand in South Africa?

These SA jobs have seen the biggest growth in demand – with salaries up to R160,000 per month. A new report by job portal Career Junction found that executive management, bookkeeping, and network administration are the jobs that have seen the biggest growth in demand in SA recently.

What does a Bookkeeper do in South Africa?

The Bookkeeper will keep records of financial transactions of Proudly South African. Verifies allocates and posts details of business transactions to subsidiary accounts in the journals or accounting system from documents, such as sales slip, invoices, receipts, and computer printouts.

How much do bookkeepers charge per hour in South Africa?

The fee charged for monthly bookkeeping of a simple business is on average R3,073 (R418 per hour). Dependent on the size of the client, the total costs can amount to R100,000 but can be as little as R150

How do I start my own bookkeeping business from home in South Africa?

There are 5 main steps you’ll need to take:

Acquire the necessary skills by studying a bookkeeping course.

Take care of the logistics, such as registering your business and setting up your office. …

Find your first clients.

Provide outstanding service to your clients.

Keep learning to improve your skills.

Can I start a bookkeeping business with no experience in South Africa?

Even if you have no prior experience, you can still start a successful bookkeeping business. However, you need to want to help business owners organize their finances and have good computer skills.

Can you work from home as a bookkeeper in South Africa?

Bookkeeping is a great work-at-home career option with a lot of opportunities. Bookkeepers are needed in nearly every industry and company, and it’s something you can do from home without a large investment on the front end.

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