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Invoicing specialist vs accounts receivable clerk

The differences between invoicing specialists 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 an invoicing specialist and an accounts receivable clerk. Additionally, an invoicing specialist has an average salary of $37,166, which is higher than the $36,425 average annual salary of an accounts receivable clerk.

The top three skills for an invoicing specialist include data entry, purchase orders and customer service. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.

Invoicing specialist vs accounts receivable clerk overview

Invoicing SpecialistAccounts Receivable Clerk
Yearly salary$37,166$36,425
Hourly rate$17.87$17.51
Growth rate-5%-5%
Number of jobs47,43787,935
Job satisfaction--
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 36%
Average age5151
Years of experience66

What does an invoicing specialist do?

An invoicing specialist is primarily in charge of preparing and processing client bills. It is their responsibility to manage databases and payment systems, verify client information, list down the due amount and itemized account of goods and services, charge accurate tax, deduct discounts, and ensure copies of every invoice. They also arrange new client accounts, prepare receipts, keep an eye out for any errors or discrepancies, and assist clients by answering inquiries. Moreover, aside from processing invoices, they also perform various clerical support tasks such as handling calls and correspondence and organizing files.

What does an accounts receivable clerk do?

An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.

Invoicing specialist vs accounts receivable clerk salary

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

Invoicing SpecialistAccounts Receivable Clerk
Average salary$37,166$36,425
Salary rangeBetween $29,000 And $46,000Between $29,000 And $45,000
Highest paying CityBoston, MABoston, MA
Highest paying stateAlaskaMassachusetts
Best paying companyBaxter InternationalIBM
Best paying industryTechnologyFinance

Differences between invoicing specialist and accounts receivable clerk education

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

Invoicing SpecialistAccounts Receivable Clerk
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 36%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Invoicing specialist vs accounts receivable clerk demographics

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

Invoicing SpecialistAccounts Receivable Clerk
Average age5151
Gender ratioMale, 22.5% Female, 77.5%Male, 13.7% Female, 86.3%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% 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 Percentage7%7%

Differences between invoicing specialist and accounts receivable clerk duties and responsibilities

Invoicing specialist example responsibilities.

  • Manage PO tracker in SharePoint adding the information including vendor name, PO number, amount and special instructions.
  • Ensure efficient sales order entry processes in CRM and ERP system to enable accurate order fulfillment.
  • Produce financial status reports using QuickBooks and ProStock.
  • Post total amounts and account numbers on forms process in ledgers log.
  • Answer phone calls from branches, employees and customers with questions about accounts, invoicing or payroll.
  • Act as purchasing agent for capitalize items, ensuring compliance with UW policy and maintenance of database.
  • Show more

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.
  • Show more

Invoicing specialist vs accounts receivable clerk skills

Common invoicing specialist skills
  • Data Entry, 16%
  • Purchase Orders, 8%
  • Customer Service, 5%
  • Invoice Management, 5%
  • Credit Memos, 5%
  • Vendor Invoices, 4%
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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