Post job

Credit clerk vs accounting clerk

The differences between credit clerks and accounting clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a credit clerk and an accounting clerk. Additionally, an accounting clerk has an average salary of $38,683, which is higher than the $32,870 average annual salary of a credit clerk.

The top three skills for a credit clerk include data entry, customer service and customer accounts. The most important skills for an accounting clerk are data entry, customer service, and purchase orders.

Credit clerk vs accounting clerk overview

Credit ClerkAccounting Clerk
Yearly salary$32,870$38,683
Hourly rate$15.80$18.60
Growth rate-5%-5%
Number of jobs86,922106,969
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 49%
Average age5151
Years of experience66

What does a credit clerk do?

Credit clerks control their company's credit and collection policies and daily procedures. They use the database to improve their organization's collections and maintain records for internal control and compliance. They deal with collecting, investigating, analyzing, and correcting disputed accounts to serve customers better and increase their collection rate. These clerks work with a credit manager to identify which accounts need to be written off for bad debt and solve complex cases that require special collection attention. They sometimes negotiate with customers to discuss the terms of payment for their unpaid balances.

What does an accounting clerk do?

Accounting clerks are employees assigned to manage administrative and clerical tasks in the accounting department. Accounting clerks handle office accounting records and ensure that files are properly labeled and stored. They validate records and check whether these are updated. They also sort through documents to ensure that they are in their proper storage bins. Aside from document handling, they also help with creating and validating financial statements and bookkeeping. As such, accounting clerks should have a strong background in accounting to manage their tasks better.

Credit clerk vs accounting clerk salary

Credit clerks and accounting clerks have different pay scales, as shown below.

Credit ClerkAccounting Clerk
Average salary$32,870$38,683
Salary rangeBetween $26,000 And $40,000Between $29,000 And $51,000
Highest paying CitySpringfield, ORWashington, DC
Highest paying stateOregonNew York
Best paying companyJBS USAWilson Elser Moskowitz Edelman & Dicker Llp
Best paying industryAutomotiveGovernment

Differences between credit clerk and accounting clerk education

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

Credit ClerkAccounting Clerk
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 49%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Credit clerk vs accounting clerk demographics

Here are the differences between credit clerks' and accounting clerks' demographics:

Credit ClerkAccounting Clerk
Average age5151
Gender ratioMale, 14.3% Female, 85.7%Male, 20.0% Female, 80.0%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.1% American Indian and Alaska Native, 0.6%Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between credit clerk and accounting clerk duties and responsibilities

Credit clerk example responsibilities.

  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Maintain payroll, attendance records, coordinate group travel arrangements and conference calls.
  • Prepare, check, and maintain various records and payroll reports.
  • Transfer loans from warehouse to permanent investor reports on the CPI systems.
  • Process applications for credit, Microsoft excel, AS400 , 10key by touch, type 45 wpm.
  • Travele to the post office to drop off approve incidents and pick up remittance items from the assigned lockboxes.
  • Show more

Accounting clerk example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Perform balance sheet reconciliations and resolve open items by notifying employees and vendors of transaction discrepancies.
  • Assist in monthly financial close process by analyzing preliminary departmental expense reports and making necessary adjustments and accruals.
  • Develop a spreadsheet that pulls all data relate to project hours by operation from the ERP system.
  • Process all incoming payments receive via ACH, EFT, or the web; ensure accounts are accurately balance and reconcile.
  • Digitize proof of delivery receipts into ERP system (AS400) serving as an easy backup for employees to verify occurrence.
  • Show more

Credit clerk vs accounting clerk skills

Common credit clerk skills
  • Data Entry, 13%
  • Customer Service, 12%
  • Customer Accounts, 6%
  • Credit Card Payments, 5%
  • Financial Statements, 5%
  • AS400, 4%
Common accounting clerk skills
  • Data Entry, 15%
  • Customer Service, 10%
  • Purchase Orders, 9%
  • Reconciliations, 6%
  • Vendor Invoices, 6%
  • QuickBooks, 3%

Browse office and administrative jobs