Post job

Principal account clerk vs accounts receivable clerk

The differences between principal account 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 principal account clerk and an accounts receivable clerk. Additionally, an accounts receivable clerk has an average salary of $36,425, which is higher than the $32,077 average annual salary of a principal account clerk.

The top three skills for a principal account clerk include payroll processing, purchase orders and data entry. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.

Principal account clerk vs accounts receivable clerk overview

Principal Account ClerkAccounts Receivable Clerk
Yearly salary$32,077$36,425
Hourly rate$15.42$17.51
Growth rate-5%-5%
Number of jobs157,38787,935
Job satisfaction--
Most common degreeAssociate Degree, 40%Bachelor's Degree, 36%
Average age5151
Years of experience66

Principal account clerk vs accounts receivable clerk salary

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

Principal Account ClerkAccounts Receivable Clerk
Average salary$32,077$36,425
Salary rangeBetween $26,000 And $39,000Between $29,000 And $45,000
Highest paying City-Boston, MA
Highest paying state-Massachusetts
Best paying company-IBM
Best paying industry-Finance

Differences between principal account clerk and accounts receivable clerk education

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

Principal Account ClerkAccounts Receivable Clerk
Most common degreeAssociate Degree, 40%Bachelor's Degree, 36%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Principal account clerk vs accounts receivable clerk demographics

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

Principal Account ClerkAccounts Receivable Clerk
Average age5151
Gender ratioMale, 18.3% Female, 81.7%Male, 13.7% Female, 86.3%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.7% White, 67.1% 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 principal account clerk and accounts receivable clerk duties and responsibilities

Principal account clerk example responsibilities.

  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Prepare garnishments for processing into PeopleSoft as well as notifying employees and the different garnishing services.
  • Close patient contact, appropriate decision-making concerning patient financial affairs and coordination between patients and third-party sponsorship for further financial assistance.
  • Process and file claims against courier or ATM owners for shortages unresolve.
  • Respond to inquiries from internal organization and external customers regarding package processing, delivery information and services offer by USPS stores.

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

Principal account clerk vs accounts receivable clerk skills

Common principal account clerk skills
  • Payroll Processing, 23%
  • Purchase Orders, 16%
  • Data Entry, 13%
  • Journal Entries, 10%
  • Vendor Checks, 9%
  • Reconciliations, 8%
Common accounts receivable clerk skills
  • Customer Service, 12%
  • Data Entry, 9%
  • Collection Calls, 8%
  • Financial Data, 7%
  • Credit Card Payments, 5%
  • Process Payments, 5%

Browse office and administrative jobs