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Deposit clerk vs accounting clerk

The differences between deposit 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 deposit clerk and an accounting clerk. Additionally, an accounting clerk has an average salary of $38,683, which is higher than the $31,146 average annual salary of a deposit clerk.

The top three skills for a deposit clerk include administrative tasks, tax returns and check amounts. The most important skills for an accounting clerk are data entry, customer service, and purchase orders.

Deposit clerk vs accounting clerk overview

Deposit ClerkAccounting Clerk
Yearly salary$31,146$38,683
Hourly rate$14.97$18.60
Growth rate-5%-5%
Number of jobs66,434106,969
Job satisfaction--
Most common degreeHigh School Diploma, 32%Bachelor's Degree, 49%
Average age5151
Years of experience66

Deposit clerk vs accounting clerk salary

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

Deposit ClerkAccounting Clerk
Average salary$31,146$38,683
Salary rangeBetween $25,000 And $37,000Between $29,000 And $51,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-Wilson Elser Moskowitz Edelman & Dicker Llp
Best paying industry-Government

Differences between deposit clerk and accounting clerk education

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

Deposit ClerkAccounting Clerk
Most common degreeHigh School Diploma, 32%Bachelor's Degree, 49%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Deposit clerk vs accounting clerk demographics

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

Deposit ClerkAccounting Clerk
Average age5151
Gender ratioMale, 18.6% Female, 81.4%Male, 20.0% Female, 80.0%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.3% 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 deposit clerk and accounting clerk duties and responsibilities

Deposit clerk example responsibilities.

  • Manage finance operations of assign USPS location.
  • Comply with IRS rules and guidelines.
  • Post ATM transactions, debit and credit accounts accordingly.
  • Balance branch ATM's with frequent telephone interaction with the bank personnel in the same manner as the retail machines.
  • Researched/Post payments not process by Lockbox and prepare nightly deposits.
  • Maintain payroll operations by following policies and procedures; reporting need changes and requesting approvals before payrolls are released.
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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.
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Deposit clerk vs accounting clerk skills

Common deposit clerk skills
  • Administrative Tasks, 20%
  • Tax Returns, 16%
  • Check Amounts, 13%
  • IRS, 12%
  • Treasury, 8%
  • Credit Card Payments, 6%
Common accounting clerk skills
  • Data Entry, 15%
  • Customer Service, 10%
  • Purchase Orders, 9%
  • Reconciliations, 6%
  • Vendor Invoices, 6%
  • QuickBooks, 3%

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