What is the job description of an accounts receivable clerk?

What is the job description of an accounts receivable clerk?

Accounts Receivable Clerk Job Duties: Posts customer payments by recording cash, checks, and credit card transactions. Posts revenues by verifying and entering transactions form lock box and local deposits. Updates receivables by totaling unpaid invoices. Maintains records by microfilming invoices, debits, and credits.

What is AP AR job description?

Accounts Receivable Payable Clerk Job Duties: Prepares work to be accomplished by gathering and sorting documents and related information. Pays invoices by verifying transaction information; scheduling and preparing disbursements; obtaining authorization of payment.

What makes a good accounts receivable clerk?

Accounts Receivable Requirements: Strong math, typing, and computer skills, especially with bookkeeping software. Excellent communication, research, problem-solving, and time management skills. High level of accuracy, efficiency, and accountability. Attention to detail.

What does an AR specialist do?

An accounts receivable specialist performs general bookkeeping duties, such as keeping accounting software logs updated, reconciling accounts, making bank deposits, recording cash receipts and invoicing clients. An accounts receivable specialist conducts other important tasks, such as: Answer clients’ billing questions.

How much does an AR specialist make?

AR Specialist Salaries

Job Title Salary
CHMB AR Specialist salaries – 8 salaries reported $18/hr
Inmar AR Specialist salaries – 8 salaries reported $32,919/yr
Providence Health & Services AR Specialist salaries – 8 salaries reported $39,358/yr
nThrive AR Specialist salaries – 8 salaries reported $17/hr

How much does an accounts receivable clerk make an hour?

Accounts Receivable Clerk Salaries

Job Title Salary
Express Employment Professionals Accounts Receivable Clerk salaries – 26 salaries reported $18/hr
Cintas Accounts Receivable Clerk salaries – 20 salaries reported $18/hr
Robert Half Accounts Receivable Clerk salaries – 17 salaries reported $19/hr

What is involved in accounts receivable?

Accounts receivable is any money your customers owe you for goods or services they purchased from you in the past. This money is typically collected after a few weeks, and is recorded as an asset on your company’s balance sheet. You use accounts receivable as part of accrual basis accounting.

What is an example of an accounts receivable?

An example of accounts receivable includes an electric company that bills its clients after the clients received the electricity. The electric company records an account receivable for unpaid invoices as it waits for its customers to pay their bills.

What is another name for accounts receivable?

What is another word for account receivable?

balance due bill
debt invoice
receivable

Is Accounts Receivable a debtor?

A debtor is someone who owes you money, normally because you have invoiced them for goods or services supplied. The process of managing debtors is often referred to as Accounts Receivable. …

What is another word for inventory?

In this page you can discover 57 synonyms, antonyms, idiomatic expressions, and related words for inventory, like: stock, audit, reserve, collect, armory, armoury, tabulate, backlog, roll, survey and tariff.

What do you call a person who does inventory?

Inventory associates, also known as auditors or material recording clerks, work with company supply chains to make sure that inventory is on route, on shelves and well-stocked. They are record keepers for materials, report creators and supply trackers.

Is stock and inventory the same?

Stock items are the goods you sell to customers. Inventory includes the products you sell, as well as the materials and equipment needed to make them. Although the definition of stock is concise, there are four main types of inventory: raw materials, work in progress, MRO supplies and finished goods.

What is the difference between goods and stock?

goods means the objects or items on which the trader trades whereas stock is the bulk of goods kept together usually used in the context- the stock is stored in the warehouse . the goods means item. they have purchase or sale in money is known as goods.

Is a stock a good or a service?

Well it depends on whether or not your differentiating against. If its capital stock or stock as in a share certificate in the company. I wouldn’t consider a share of stock a service, since the service to you is say Facebook or the broker who facilitates the transaction of buying or selling FB stock.

What are the types of stock taking?

  • Periodic Stock Count. Periodic stocktaking can be monthly, quarterly or half-yearly checking of the entire stock over one or two days dependent on the amount of stock.
  • Continuous, Perpetual Stock Count.
  • Pick Accuracy.
  • Stockout Validation.
  • Annual Stocktaking.

What is the use of stock?

Companies sell shares in their business to raise money. They then use that money for various initiatives: A company might use money raised from a stock offering to fund new products or product lines, to invest in growth, to expand their operations or to pay off debt.

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