You are interested in knowing the Tasks an Accounting Clerk Does Because you have just graduated or you want to know the profile that is required, then you will know exactly what are the tasks that you will have to fulfill if you access that job.
What are the tasks that an accounting assistant does
In principle the Tasks an Accounting Clerk Does They are not those that correspond to the accountant of the company, which does not mean that they are few.
On the contrary, they are very varied and of responsibility within the company for which they work, for example, in general, they fulfill the following tasks:
- Keeps the financial accounts of the company.
- Control the working hours of employees.
- Control payments, expenses and sales.
- Control the accuracy of financial books.
- Ensures the profitability of the company.
- It keeps track of the credits that the company owes and pays as part of the accounts receivable accounting.
- Preparation of client statements and invoices to find an answer to their payments with the funds collected.
- Follow expiration notices.
- Sending payment reminders.
- Maintain contact with clients to claim the funds they owe.
- Preparation of bank deposits through balancing and verifying income.
- Control the registration of sales.
- Correction of transactions made with credit cards.
- Deposit money or checks in the bank.
- Register and review the balances of funds received.
- With his computer skills, he fulfills the task of tracking funds from databases and spreadsheets.
- Tracks funds out of the business as part of accounts payable.
- They make the payment of bills that the company owes to suppliers.
- Updating of the records according to the operations carried out.
- Maintenance of electronic balances based on flow control for the benefit of the company.
- Regarding the payroll of the company, it fulfills tasks related to the calculation of the salaries of the employees and the hours worked.
- Record withholding tax.
- Issues checks according to the amount determined according to the number of employees of the company.
- In the event that the company hires a payroll company for this, it will send the necessary information for the issuance of the checks.
- Records the payment that has been made to all employees as part of the reconciliation of business statements.
- Control business expenses.
- Maintains the record of credits and debits.
- Create functions in computer programs for the satisfaction of business accounting.
- It has the responsibility of accounting for the money of the company, for which it must be kept informed about the exit and entry of the money.
- Maintains contact with employees based on control of payments and expenses.
- It is responsible for paying taxes to the government.
- Present the tax documentation to the corresponding offices.
- Control the documentation of the employees, which must be adequate and filed.
- You must keep the ledgers up to date either manually or through accounting software.
- Prepare invoices for clients.
- Maintains contact with suppliers.
- Maintains current and archived financial records.
Accounting Clerk: Job Description and Career Requirements
Research the educational and skill requirements needed to become an accounting clerk, as well as the job description and the job and salary outlook. Read on to decide if this career is right for you.
Job description for an accounting clerk
Accounting clerks are responsible for reviewing and maintaining accounting records. They enter balances and calculate interest on loans, bank accounts, and credit accounts using spreadsheets and accounting databases. They must also review invoices and reconcile account statements, investigate any discrepancies, and generate financial reports. Accounting clerks work for all types of companies, and their duties tend to be more specialized with large companies that employ large accounting departments. Their duties often include providing assistance to a Certified Public Accountant (CPA).
Minimum requirements
- Compulsory Education Secondary Education Diploma; Associate degrees in business or accounting are recommended.
- Necessary skills: Detail-oriented skills, ethics, technology, interpersonal skills.
- Average Salary (2015) * $ 37,250 (accounting, bookkeeping, and auditing clerks)
- Employment Outlook (2014-2024) * 8% decrease (accounting, accounting and auditing clerks)
Source: US Bureau of Labor Statistics.
Educational Requirements
Many accounting employees earn associate degrees in business or accounting, although some enter the field with only a high school diploma. Associate degree programs focus on basic accounting procedures and skills in computerized accounting techniques. For those with a high school diploma, accounting courses from a postsecondary educational institution are often helpful, even without a degree. A bachelor’s degree is not necessary for a career as an accounting clerk, although some employees have bachelor’s degrees and can move more quickly to senior accounting positions. Regardless of formal education, most accounting employees must complete a period of on-the-job training.
Certification requirements
Certifications are available to accounting clerks. You can choose to be certified by the American Institute of Professional Bookkeepers as a certified accountant. Additionally, the Uniform Accountant Certification Exam is an online exam administered by the National Bookkeepers Association.
Required skills
The United States Bureau of Labor Statistics (BLS) reported that accounting clerks had the following traits:
Math skills and soft or social skills
- High ethical standards and professionalism, as they are often responsible for the banking and accounting of a company.
- Familiarity with computer technology and knowledge of a variety of software programs related to the field.
- Ability to interact well with others
Employment and salary prospects
According to him BLS, CPA jobs were projected to grow at an average rate compared to other professions. The organization posted an 8% decrease in employment from 2014 to 2024 for all accounting, bookkeeping and auditing employees. Many of the jobs available should be due to existing accounting employees advancing to other positions or retiring. In May 2015, accounting, auditing and bookkeeping employees earned a median salary of $ 37,250 per year, according to the BLS. The highest paid accounting clerks (or the highest 10% in the field) earned $ 57,920 or more in the same year.
References: