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The differences between accounts receivable assistants and accounts receivable clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an accounts receivable assistant and an accounts receivable clerk. Additionally, an accounts receivable assistant has an average salary of $36,730, which is higher than the $36,425 average annual salary of an accounts receivable clerk.
The top three skills for an accounts receivable assistant include customer service, data entry and cash handling. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.
| Accounts Receivable Assistant | Accounts Receivable Clerk | |
| Yearly salary | $36,730 | $36,425 |
| Hourly rate | $17.66 | $17.51 |
| Growth rate | -5% | -5% |
| Number of jobs | 31,748 | 87,935 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 36% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
An accounts receivable assistant has a variety of duties and responsibilities, including securing revenue by verifying receipts, maintaining records by microfilming debits, credits, and invoices, and summarizing receivables by maintaining invoices and determining the validity of account discrepancies. Other duties include keeping information confidential to protect the organization's value, accomplishing the organization and accounting mission, and resolving valid and authorized deductions. As an accounts receivable assistant, you are also responsible for posting customer payments by recording credit card, cash, and check transactions.
An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.
Accounts receivable assistants and accounts receivable clerks have different pay scales, as shown below.
| Accounts Receivable Assistant | Accounts Receivable Clerk | |
| Average salary | $36,730 | $36,425 |
| Salary range | Between $29,000 And $46,000 | Between $29,000 And $45,000 |
| Highest paying City | Boston, MA | Boston, MA |
| Highest paying state | New York | Massachusetts |
| Best paying company | University of California, Berkeley | IBM |
| Best paying industry | Professional | Finance |
There are a few differences between an accounts receivable assistant and an accounts receivable clerk in terms of educational background:
| Accounts Receivable Assistant | Accounts Receivable Clerk | |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 36% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts receivable assistants' and accounts receivable clerks' demographics:
| Accounts Receivable Assistant | Accounts Receivable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 20.4% Female, 79.6% | Male, 13.7% Female, 86.3% |
| Race ratio | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6% | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |