Deposit clerk vs accounts receivable clerk

The differences between deposit clerks and accounts receivable 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 accounts receivable clerk. Additionally, an accounts receivable clerk has an average salary of $36,425, 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 accounts receivable clerk are customer service, data entry, and collection calls.

Deposit clerk vs accounts receivable clerk overview

	Deposit Clerk	Accounts Receivable Clerk
Yearly salary	$31,146	$36,425
Hourly rate	$14.97	$17.51
Growth rate	-5%	-5%
Number of jobs	66,434	87,935
Job satisfaction	-	-
Most common degree	High School Diploma, 32%	Bachelor's Degree, 36%
Average age	51	51
Years of experience	6	6

Deposit clerk vs accounts receivable clerk salary

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

	Deposit Clerk	Accounts Receivable Clerk
Average salary	$31,146	$36,425
Salary range	Between $25,000 And $37,000	Between $29,000 And $45,000
Highest paying City	-	Boston, MA
Highest paying state	-	Massachusetts
Best paying company	-	IBM
Best paying industry	-	Finance

Differences between deposit clerk and accounts receivable clerk education

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

	Deposit Clerk	Accounts Receivable Clerk
Most common degree	High School Diploma, 32%	Bachelor's Degree, 36%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Deposit clerk vs accounts receivable clerk demographics

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

	Deposit Clerk	Accounts Receivable Clerk
Average age	51	51
Gender ratio	Male, 18.6% Female, 81.4%	Male, 13.7% Female, 86.3%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between deposit clerk and accounts receivable 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.

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.

Deposit clerk vs accounts receivable clerk skills

Common deposit clerk skills

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

Common accounts receivable clerk skills

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

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Deposit Clerk
Deposit Clerk vs Accounts Receivable Clerk

Updated January 8, 2025

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