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Accounts receivable clerk vs accounting technician

The differences between accounts receivable clerks and accounting technicians 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 accounting technician. Additionally, an accounting technician has an average salary of $41,337, 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 accounting technician are customer service, financial reports, and payroll.

Accounts receivable clerk vs accounting technician overview

Accounts Receivable ClerkAccounting Technician
Yearly salary$36,425$41,337
Hourly rate$17.51$19.87
Growth rate-5%-5%
Number of jobs87,93539,972
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 51%
Average age5151
Years of experience66

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 accounting technician do?

An accounting technician is responsible for evaluating financial information procedures to support accounting and taxation tasks, verifying the accuracy of account statements for the reference of accountants. Accounting technicians manage the payroll processes, generate invoices, perform account reconciliations, analyze account receivables, prepare budget reports, and monitor the company's financial transactions. Accounting technicians should always adhere to taxation legislation, comply with accounting disciplines, and coordinate with the account management for any findings and concerns, requiring them to have excellent communication and analytical skills.

Accounts receivable clerk vs accounting technician salary

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

Accounts Receivable ClerkAccounting Technician
Average salary$36,425$41,337
Salary rangeBetween $29,000 And $45,000Between $31,000 And $53,000
Highest paying CityBoston, MAOakland, CA
Highest paying stateMassachusettsCalifornia
Best paying companyIBMW. R. Berkley
Best paying industryFinanceGovernment

Differences between accounts receivable clerk and accounting technician education

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

Accounts Receivable ClerkAccounting Technician
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 51%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounts receivable clerk vs accounting technician demographics

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

Accounts Receivable ClerkAccounting Technician
Average age5151
Gender ratioMale, 13.7% Female, 86.3%Male, 22.7% Female, 77.3%
Race ratioBlack 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 Percentage7%7%

Differences between accounts receivable clerk and accounting technician 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.
  • Show more

Accounting technician example responsibilities.

  • Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
  • Reconcile the agency SPCC statement each month
  • Audit includes reviewing SPCC invoices and receipts to ensure appropriate tax exemptions are follow.
  • Analyze cases to determine if ICD-9 and CPT codes are covered benefits according to insurance's medical policy.
  • Apply GAAP following applicable federal regulations.
  • Maintain adherence to university accounting and GAAP standards.
  • Show more

Accounts receivable clerk vs accounting technician 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 accounting technician skills
  • Customer Service, 12%
  • Financial Reports, 10%
  • Payroll, 8%
  • Purchase Orders, 7%
  • Data Entry, 6%
  • Reconciliations, 5%

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