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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 | Accounts Receivable Clerk | |
| Yearly salary | $37,166 | $36,425 |
| Hourly rate | $17.87 | $17.51 |
| Growth rate | -5% | -5% |
| Number of jobs | 47,437 | 87,935 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 36% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
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.
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 specialists and accounts receivable clerks have different pay scales, as shown below.
| Invoicing Specialist | Accounts Receivable Clerk | |
| Average salary | $37,166 | $36,425 |
| Salary range | Between $29,000 And $46,000 | Between $29,000 And $45,000 |
| Highest paying City | Boston, MA | Boston, MA |
| Highest paying state | Alaska | Massachusetts |
| Best paying company | Baxter International | IBM |
| Best paying industry | Technology | Finance |
There are a few differences between an invoicing specialist and an accounts receivable clerk in terms of educational background:
| Invoicing Specialist | Accounts Receivable Clerk | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 36% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between invoicing specialists' and accounts receivable clerks' demographics:
| Invoicing Specialist | Accounts Receivable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 22.5% Female, 77.5% | Male, 13.7% Female, 86.3% |
| Race ratio | Black 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 Percentage | 7% | 7% |