Deposit clerk vs accounting technician

The differences between deposit 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 a deposit clerk and an accounting technician. Additionally, an accounting technician has an average salary of $41,337, 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 technician are customer service, financial reports, and payroll.

Deposit clerk vs accounting technician overview

	Deposit Clerk	Accounting Technician
Yearly salary	$31,146	$41,337
Hourly rate	$14.97	$19.87
Growth rate	-5%	-5%
Number of jobs	66,434	39,972
Job satisfaction	-	-
Most common degree	High School Diploma, 32%	Bachelor's Degree, 51%
Average age	51	51
Years of experience	6	6

Deposit clerk vs accounting technician salary

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

	Deposit Clerk	Accounting Technician
Average salary	$31,146	$41,337
Salary range	Between $25,000 And $37,000	Between $31,000 And $53,000
Highest paying City	-	Oakland, CA
Highest paying state	-	California
Best paying company	-	W. R. Berkley
Best paying industry	-	Government

Differences between deposit clerk and accounting technician education

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

	Deposit Clerk	Accounting Technician
Most common degree	High School Diploma, 32%	Bachelor's Degree, 51%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Deposit clerk vs accounting technician demographics

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

	Deposit Clerk	Accounting Technician
Average age	51	51
Gender ratio	Male, 18.6% Female, 81.4%	Male, 22.7% Female, 77.3%
Race ratio	Black 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, 6.7% 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 deposit clerk and accounting technician 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.

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.

Deposit clerk vs accounting technician skills

Common deposit clerk skills

Administrative Tasks, 20%
Tax Returns, 16%
Check Amounts, 13%
IRS, 12%
Treasury, 8%
Credit Card Payments, 6%

Common accounting technician skills

Customer Service, 12%
Financial Reports, 10%
Payroll, 8%
Purchase Orders, 7%
Data Entry, 6%
Reconciliations, 5%

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Deposit Clerk
Deposit Clerk vs Accounting Technician

Updated January 8, 2025

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