An Accounts Receivable Clerk prepares accounts receivable transactions and processes customer payments. They also prepare invoices according to company practices and submit them for management or customer approval. Some titles for Accounts Receivable Clerk are:<ul><li>Accounts Payable Specialist: The Accounts Payable Specialist is part of the accounting team and oversees a company's day-to-day financial transactions, including accounts payable, company credit card reconciliation, and other specialized tasks.</li><li>Accounting Clerk: An Accounting Clerk is a company's accounting department member responsible for assisting with clerical and administrative tasks.</li><li>Accounts Payable Clerk: An Accounts Payable clerk pays a company's invoices on time and ensures that the company is billed correctly. Accounts payable clerks typically receive, open, and log invoices and, when necessary, obtain approval to pay invoices from department heads.</li></ul>

The job of a Accounts Payable Clerk is considered one of the safest jobs that pay well and has other added benefits. Millions of aspiring young candidates dream of getting a career in this field. In recent years, there have been 16,000 to 20,000 vacancies in private and state-owned banks. This makes it easy to understand that the competition in this area is too great. IBPS (Institute of Banking Personnel Selection) offers lucrative salaries for Clerical Cadre posts along with various perks, incentives and benefits, which is why thousands of candidates rush to IBPS Clerks recruitment every year. Therefore, the current salary of an IBPS employee can range between Rs. 28,000 to Rs. 30,000 per month. Thus, Clerk/Clerical positions are one of the most demanded jobs in India.

How to Learn

The roles and responsibilities of an Accounts Receivable Clerk are:<ul><li>Keeping records of payments and account status and gathering information from other departments to ensure that documents are accurate and complete and that accounts receivable ledgers and journals are up to date.</li><li>Performing administrative and clerical tasks such as entering data, creating invoices, sending out invoice reminders, filing paperwork and contacting customers to discuss their accounts.</li><li>Working with the collections department to review accounts, customer payments, and credit history and develop new or better repayment terms.</li></ul>

Roles & Responsibilities

Average take home Salary for a Accounts Payable Clerk in India is around ₹255679 per year

Salary Breakup

Accounts payable clerks generally work for accounting firms or organizations' accounting departments, coordinating various accounts payable functions on behalf of their organization. Their duties include, among others, performing data entry, handling customer inquiries, preparing financial statements and performing vendor maintenance. In all tasks, these clerks must maintain a high degree of accuracy.

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Accounts Payable Clerk

Salary Breakup

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