Monday, May 4, 2020

Accounting Clerk free essay sample

In large corporations, organizations and governmental agencies, each accounting clerk will take on a more specialized role within the accounting department. For example, an auditing clerk will only be required to handle matters that are relevant to making sure that company records are accurate and compliant with local, state and federal laws. This can contrasted against the duties of a payroll clerk, which would be to deal only with matters relevant to the issuance of employee paychecks and payroll taxation. Each company will differ with regards to the scope of duties that they expect their accounting clerks to perform. However, the trend leans toward generalized duties in smaller companies that have fewer resources and that don’t require a full accounting department, and more focused duties for larger corporations and government agencies that would have more sophisticated accounting needs and greater resources. The specific duties that an accounting clerk is responsible for performing depend largely upon the specific role that the clerk is assigned within a business organization. We will write a custom essay sample on Accounting Clerk or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Some accounting clerks are expected to take on specific duties in payroll, auditing and accounts receivable/payable departments, while others are responsible for general bookkeeping tasks. Those duties include: Operate computers programmed with accounting software to record, store, and analyze information. Â · Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes. Â · Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers. Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software. Â · Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents. Â · Receive, record, and bank cash, checks, and vouchers. Â · Comply with federal, state, and company policies, procedures, and regulations. Â · Compile statistical, financial, accounting or auditing reports and t ables pertaining to such matters as cash receipts, expenditures, accounts payable and receivable, and profits and losses. Code documents according to company procedures. Â · Reconcile or note and report discrepancies found in records. Physical activities and requirements of this position include. Finger movements using primarily just the fingers to make small movements such as typing, picking up small objects, or pinching fingers together. Talking especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly. Average hearing able to hear average or normal conversations and receive ordinary information. Repetitive motions movements frequently and regularly required using the wrists, hands, and/or fingers. Average eyesight ordinary visual ability necessary to prepare or inspect documents or products, or operate machinery. Physical strength includes sitting most of the time, Exerts up to 10 lbs of force occasionally. There are no hazardous or significantly unpleasant working conditions. Accounting clerks are entry-level workers, so they tend to earn less than more advanced accounting professionals. The U. S. Bureau of Labor Statistics includes accounting clerks in the data for bookkeeping, accounting and auditing clerks. The median annual salary for these clerks in 2010 was $34,030 with the middle 50 percent earning between $27,040 and $42,180, and the top 10 percent in excess of $51,470. However, that these figures are entry-level estimates training and experience can impact earnings considerably. Accounting receivable clerks can become senior clerks, supervisors and, eventually, accounting managers, a position requiring a bachelors degree. Accounting managers earned a notable median salary of $74,775 in 2011 with the top 10 percent earning in excess of $98,627. The outlook for this career should grow by a solid 10 percent between 2008 and 2018. Entry-level clerks require minimal training, but formal education through accounting clerks schools and programs can open the doors to advancement. Most employers require only a high school diploma for new clerks, but prefer those with a two-year accounting-related degree. Those who wish to advance to senior or managerial positions must earn at least a bachelors degree. As modern accounting is increasingly computer-based, more programs than ever offer accounting training online. Online training is a convenient solution if you are a professional already in the field and want to advance your education while working. In conclusion an accounting clerk is a great entry-level job for someone looking to go into accounting and a good career for someone with a lower education. An accounting clerk is a job many can acquire, but if you get a better education are the ones who will get paid the most. While an accounting clerk does not need to be very educated, it is still a very important part of any business.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.