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The Designation of the Accountant Clerk is Much Required for Accounting Tasks

The accounting discipline needs several types of experts related to bookkeeping, accounting and auditing. To execute the wide range of works, company needs these specialized experts from junior level to senior level accountants. Probably the works related to bookkeeping are done by accountant clerks.

Basically the work of bookkeeping includes the recording of financial transactions. Such transactions include sales, income, purchase and payment by the individual organization. The bookkeeper performs some common methods of bookkeeping including single-entry bookkeeping system and double-entry booking system. These systems are also seen as “real” booking, and process that includes the recording of financial transactions. There are certain verified posts to consider detailed business transactions such as fund received and disbursed, cost of lost or damaged goods, freight charges, rentals and other similar items. According to the assigned tasks, there are some designations such as Accountants-Payable Clerk (clerical), Bill-Recapitulation Clerk, Accounts-Receivable Clerk, Rent and Miscellaneous Remittance Clerk, Tax-Record Clerk (utilities).

An entry level accounting clerk is designed to provide clerical and accounting support for the accounting department. He has to maintain accurate records and files, process and mail statements and payments, financial reports and other important data into a general ledger computer system. The post of accounting clerk in the large companies may need specialization in the specific areas like accounts payable (A/P), accounts receivable (A/R), or payroll. They update and maintain records concerning all expenditures of the company including credit cards of the company and employees reimbursement reports. He is responsible for the processing of vendor invoices, monitor and review the early payment discounts according to the policies of the organization. He will also be accountable for making vendor statements and the good communication skill is also required to resolve any business discrepancies.

The accounting clerk can monitor payment history of clients and prepare reports showing delinquent receipts. The payroll departments use an accounting clerk to collect and process timecards, calculate taxes, and other withholdings. There are certain timecards that are applicable as labor laws are being taken that include breaks, limitations on working hours for underage workers, and subject of overtime. Such clerks are familiar with the applicable tax laws and they may be asked to prepare reports and submit the withholding to the proper tax authorities and other recipients inside or outside of the company.

In the era of information technology, the online bookkeeping, or remote booking is also much demanded area where documents and data have to be resided in the web-based applications. This method allows remote access for the data entries into the online software, so the job of accountant clerk has been enhanced with the online accounting tasks. Usually companies require an accounting clerk to be qualified at least high school education or equivalent. Larger companies may look for an applicant with an associate degree or related certificate. On the other hand senior accounting clerk needs several years experience. In this way the designation of junior accounting clerk possesses an important place in the growth of company and that is difficult to ignore by the employers.