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Principal account clerk vs bookkeeper

The differences between principal account clerks and bookkeepers 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 a bookkeeper. Additionally, a bookkeeper has an average salary of $40,337, 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 a bookkeeper are payroll tax returns, customer service, and reconciliations.

Principal account clerk vs bookkeeper overview

Principal Account ClerkBookkeeper
Yearly salary$32,077$40,337
Hourly rate$15.42$19.39
Growth rate-5%-5%
Number of jobs157,38738,481
Job satisfaction-5
Most common degreeAssociate Degree, 40%Bachelor's Degree, 46%
Average age5151
Years of experience66

Principal account clerk vs bookkeeper salary

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

Principal Account ClerkBookkeeper
Average salary$32,077$40,337
Salary rangeBetween $26,000 And $39,000Between $30,000 And $52,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-NTT Data International L.L.C.
Best paying industry-Manufacturing

Differences between principal account clerk and bookkeeper education

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

Principal Account ClerkBookkeeper
Most common degreeAssociate Degree, 40%Bachelor's Degree, 46%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Principal account clerk vs bookkeeper demographics

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

Principal Account ClerkBookkeeper
Average age5151
Gender ratioMale, 18.3% Female, 81.7%Male, 15.4% Female, 84.6%
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, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between principal account clerk and bookkeeper 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.

Bookkeeper example responsibilities.

  • Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
  • Perform journal entries, balance ledger, perform bank reconciliations, control inventory, coordinate proper guest accommodation.
  • Post and update of daily sales and purchases into QuickBooks system.
  • Execute monthly collection of Medicaid surplus funds from clients on a monthly basis.
  • Post resident receipts, Medicaid remittance, and process adjusting entries to the A/R detail.
  • Work closely with QC personnel for the planning of tooling and the flow process of PWB's.
  • Show more

Principal account clerk vs bookkeeper skills

Common principal account clerk skills
  • Payroll Processing, 23%
  • Purchase Orders, 16%
  • Data Entry, 13%
  • Journal Entries, 10%
  • Vendor Checks, 9%
  • Reconciliations, 8%
Common bookkeeper skills
  • Payroll Tax Returns, 12%
  • Customer Service, 10%
  • Reconciliations, 10%
  • Data Entry, 7%
  • Journal Entries, 5%
  • Financial Transactions, 4%

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