Fixed capital clerk vs payment processor

The differences between fixed capital clerks and payment processors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a fixed capital clerk and a payment processor. Additionally, a fixed capital clerk has an average salary of $35,139, which is higher than the $34,030 average annual salary of a payment processor.

The top three skills for a fixed capital clerk include fixed assets, input data and . The most important skills for a payment processor are customer service, patients, and data entry.

Fixed capital clerk vs payment processor overview

	Fixed Capital Clerk	Payment Processor
Yearly salary	$35,139	$34,030
Hourly rate	$16.89	$16.36
Growth rate	-5%	-5%
Number of jobs	67,548	33,161
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 35%
Average age	51	51
Years of experience	6	6

Fixed capital clerk vs payment processor salary

Fixed capital clerks and payment processors have different pay scales, as shown below.

	Fixed Capital Clerk	Payment Processor
Average salary	$35,139	$34,030
Salary range	Between $27,000 And $44,000	Between $27,000 And $42,000
Highest paying City	-	San Jose, CA
Highest paying state	-	Alaska
Best paying company	-	University of California, Berkeley
Best paying industry	-	Insurance

Differences between fixed capital clerk and payment processor education

There are a few differences between a fixed capital clerk and a payment processor in terms of educational background:

	Fixed Capital Clerk	Payment Processor
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 35%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Fixed capital clerk vs payment processor demographics

Here are the differences between fixed capital clerks' and payment processors' demographics:

	Fixed Capital Clerk	Payment Processor
Average age	51	51
Gender ratio	Male, 42.5% Female, 57.5%	Male, 21.5% Female, 78.5%
Race ratio	Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.4% American Indian and Alaska Native, 0.6%	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.4% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between fixed capital clerk and payment processor duties and responsibilities

Fixed capital clerk example responsibilities.

Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Update entries for cash inflow/outflow and relate fees posting it in general ledger using AS400.
Coordinate third party liability between primary health insurance plans and Medicare for residents.

Payment processor example responsibilities.

Manage and review all incoming discounts and electronic contractual adjustments for accuracy per the negotiated Medicaid and Medicare contracts ;.
Maintain daily transactions for customer payments and various bank accounts using Quickbooks to track transactions.
Prepare and print all reports for EDI processing.
Maintain client customer confidentiality and HIPAA regulations with all data handling and transfers.
Uphold and reinforce compliance with hospital policies and federal regulations such as HIPAA.
Investigate and take corrective action regarding invoices reject by system or through EDI.

Fixed capital clerk vs payment processor skills

Common fixed capital clerk skills

Fixed Assets, 90%
Input Data, 10%

Common payment processor skills

Customer Service, 15%
Patients, 10%
Data Entry, 10%
ACH, 8%
Phone Calls, 5%
Credit Card Payments, 4%

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Fixed Capital Clerk
Fixed Capital Clerk vs Payment Processor

Updated January 8, 2025

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