Mortgage accounting clerk vs payment processor

Differences between mortgage accounting clerk and payment processor duties and responsibilities

Mortgage accounting clerk example responsibilities.

• Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
• Research outages from unclear payment.
• Issue new EIN number and evaluations to venders and IRS.
• Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
• Prepare costing for new proucts a.BOM b.
• Record daily cash transactions and perform bank reconciliation to assure that corporate funds/assets are maintain and assets are protect.

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.
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