Accounts receivable clerk vs accountable clerk

The differences between accounts receivable clerks and accountable 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 clerk and an accountable clerk. Additionally, an accountable clerk has an average salary of $38,120, which is higher than the $36,425 average annual salary of an accounts receivable clerk.

The top three skills for an accounts receivable clerk include customer service, data entry and collection calls. The most important skills for an accountable clerk are data entry, financial reports, and purchase orders.

Accounts receivable clerk vs accountable clerk overview

	Accounts Receivable Clerk	Accountable Clerk
Yearly salary	$36,425	$38,120
Hourly rate	$17.51	$18.33
Growth rate	-5%	-5%
Number of jobs	87,935	81,209
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 36%	Bachelor's Degree, 41%
Average age	51	51
Years of experience	6	6

What does an accounts receivable clerk do?

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.

What does an accountable clerk do?

The duties of an accountable clerk vary in one's industry of employment. Typically, their responsibilities revolve around overseeing the financial aspects of a company, including revenue and budget. They mostly process payments and income, ensuring accuracy in every detail and transaction. An accountable clerk may also have clerical tasks such as producing progress reports, answering calls and correspondence, coordinating with various department personnel, and maintaining a database of information. Should there be any issues, it is essential to report to a manager right away.

Accounts receivable clerk vs accountable clerk salary

Accounts receivable clerks and accountable clerks have different pay scales, as shown below.

	Accounts Receivable Clerk	Accountable Clerk
Average salary	$36,425	$38,120
Salary range	Between $29,000 And $45,000	Between $29,000 And $49,000
Highest paying City	Boston, MA	New Haven, CT
Highest paying state	Massachusetts	Massachusetts
Best paying company	IBM	Wayne County, Michigan
Best paying industry	Finance	Government

Differences between accounts receivable clerk and accountable clerk education

There are a few differences between an accounts receivable clerk and an accountable clerk in terms of educational background:

	Accounts Receivable Clerk	Accountable Clerk
Most common degree	Bachelor's Degree, 36%	Bachelor's Degree, 41%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Accounts receivable clerk vs accountable clerk demographics

Here are the differences between accounts receivable clerks' and accountable clerks' demographics:

	Accounts Receivable Clerk	Accountable Clerk
Average age	51	51
Gender ratio	Male, 13.7% Female, 86.3%	Male, 19.1% Female, 80.9%
Race ratio	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%	Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between accounts receivable clerk and accountable clerk duties and responsibilities

Accounts receivable clerk example responsibilities.

Manage and monitor weekly bank deposit runs and record deposits into QuickBooks.
Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
Obtain online reports of bank transactions, including deposits, ACH, EFT and wire payments from multiple banking institutions.
Utilize QuickBooks accounting software for billing/invoices, generate statements.
Perform necessary adjustments using knowledge of Medicare and all third party insurance.
Investigate and resolve any out-of-balances including credit card discrepancies / lockbox exceptions.

Accountable clerk example responsibilities.

Manage the accurate and timely processing of AP invoices for multiple companies.
Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Scan incoming A/P, A/R, bank statements, mail, etc.
Review AR aging to ensure compliance.
Process, distribute, and maintain AR invoices.
Review and handle in-clearing reject items (ACH and checks) and process check adjustments.

Accounts receivable clerk vs accountable clerk skills

Common accounts receivable clerk skills

Customer Service, 12%
Data Entry, 9%
Collection Calls, 8%
Financial Data, 7%
Credit Card Payments, 5%
Process Payments, 5%

Common accountable clerk skills

Data Entry, 11%
Financial Reports, 10%
Purchase Orders, 8%
Customer Service, 8%
Process Payroll, 8%
Office Equipment, 4%

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Accounts Receivable Clerk
Accounts Receivable Clerk vs Accountable Clerk

Updated January 8, 2025

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