Accounts Receivable Job Description

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Bookkeeping Jobs and other Accounting Jobs topics.

How are some accounts receivable jobs defined?

Accounts Receivable Job Description

All accounts receivable jobs deal with only one line item of the financial statements - accounts receivable.

The clerical accounts receivable job is known as the Accounts Receivable Clerk. This position generally involves assisting with accounting projects as needed; coding accounts receivable, sorting and posting incoming customer checks; resolving customer claims; researching differences between invoices and cash received (may involve customer claims); making collection calls; maintaining Accounts Receivable aging report; comparing aging report totals to credit limits; sort and file documents as needed; making bank deposits; posting credit memos; preparing daily cash reports; updating the sales ledger; updating customer accounts; preparing new accounts receivable accounts - if directed; assist with month-end accounts receivable closing. The Accounts Receivable Clerk is responsible for posting to various accounting records such as ledgers, journals, and subsidiary ledger to maintain the accounts receivable account.

Also, the Accounts Receivable Clerk must have good keyboard skills, strong organizational skills, strong analytical skills, and knowledge of accounting software programs.

The Accounts Receivable Accountant usually supervises the Accounts Receivable Clerk. This position also prepares financial statements, journal entries: opening, adjusting, and closing;

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Accounting Jobs Tip Site? Request a Tip Now!


Guru Spotlight
Sherril Steele-Carlin