What do accounting clerks do?

by | Oct 28, 2015 | Health

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Accounting clerks are financial record keepers; to perform their tasks they utilize specialized ledgers as well as specialized computer software to record expenditures, payroll, income and all the other financial transactions that are a normal part of a business. Many accounting clerks have taken online accounting programs; the position demands an aptitude for math as well as a working knowledge of computers. Those who work in this field can begin their career as entry level data entry clerks and work their way up to bookkeeping and auditing.

An entry level clerk provides clerical support for the companies accounting department. The individual will be tasked with maintaining accurate records and files, may be responsible for the preparation of invoices, various reports and data entry into the general ledger. To be successful in the accounting support field the person must be willing to undertake a number of different tasks.

In larger companies accounting clerks may be assigned to specific areas such as accounts payable or accounts receivable. Those that are involved in accounts payable are responsible for all expenditures which include employee reimbursement and employee credit card transactions. This person will process invoices received from vendors and ensure that payments are made timely, taking into account any early pay discounts that are offered.

An accounts receivable clerk will be tasked with preparing customer invoices and post transactions as payments are made. If the business has cash receipts this individual will also be responsible for accounting of all cash as well as depositing the money in the bank. Online accounting programs are quite thorough; in any area of accounting accuracy is very important. In the case of accounts receivable the clerk must monitor payments and the payment history of clients and prepare the necessary documentation that is required by those who attend to delinquencies in payment.

Larger companies look for applicants that have an associate degree or other related certification. Accounting positions require the individual to have highly developed thinking skills which are necessary to evaluate and analyze data and develop and implement solutions. A senior accounting clerk will oversee the work of others; produce detailed monthly reports needed by management such as profit and loss, balance sheets and cash flow statements.

In smaller companies a “full –charge” bookkeeper is often responsible for multiple accounting functions. This individual must be extremely versatile and have in-depth knowledge of a company’s financial operations. Online accounting programs prepare the individual for all the varied requirements needed in any company.

Those that are successful in completing online accounting programs will be on the verge of a bright future. For details on how you can take advantage of this growth area you are invited to contact the American College of Health & Technology.

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