Payscale data from August 2022 reveals that experienced accounting clerks earn a premium compared to entry-level and early-career professionals. According to Payscale, clerks at the highest end of the experience spectrum out-earn those at the lowest end by more than 18%. Several factors can influence base salaries for accounting clerks.
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. An accounting clerk with 0-2 years of experience earns an average entry-level salary part time accounting of $27,336. A mid-career accountant with 3-6 years of experience makes $38,683 a year on average. A senior level accountant with 7-12 years of experience enjoys an average annual salary of $51,278. Emerging and established bookkeepers and clerks can draw on this data to target specific opportunities.
Common Health Benefits for a Accounts Payable Clerk
Some of the industries identified by the BLS as offering the highest job numbers and pay rates have ties to particular locations. For instance, the metal ore mining industry ranks among the national leaders in pay rates for accounting clerks. However, job numbers are limited and the industry centers on areas where mining companies operate. As you search for well-paid job opportunities, remember that higher living costs can cancel out the value of higher salaries. Instead, investigate the trade-off between salary levels and living costs in a given area.
Employment density can also affect accounting clerk job availability. In calculating employment density, the BLS looks at how many accounting clerks there are per 1,000 jobs in a given state. Based https://www.bookstime.com/ on statistics published by Glassdoor, they also enjoy strong earning potential. As of August 2022, Glassdoor notes a median accounting clerk salary of about $37,500 per year in the United States.
Where Should I Work as an Accounting Clerk?
As entry-level professionals, junior accounting clerks usually support senior accounting staff. Their tasks may include data entry, record management and updating, bill processing, and accounts receivable tracking. The average accounting clerk salary in the United States is $38,683. Accounting clerk salaries typically range between $29,000 and $51,000 yearly. Entry-level accounting clerks work as junior members of an accounting department and report to accountants or senior bookkeepers.
- This position pays fairly well, and for people who also possess a bachelor’s degree, good entry-level experience in becoming an accountant.
- Those with an MBA degree tend to enjoy a higher pay scale than those who…
- Cities and states with higher costs of living also tend to offer higher pay than areas with lower living costs.
- Bureau of Labor Statistics (BLS), the industry of employment has a significant effect.
- As of May 2021, the states with the highest employment density of accounting clerks are South Dakota, Montana, Alaska, Tennessee, and Delaware.
- A good starting salary for an accounting clerk is $31,000 in the United States.
They take a more active role in their employer’s financial planning and hold significantly more responsibility. The average accounting clerk salary in New York, New Jersey, and Massachusetts are the highest in the U.S. The lowest average accounting clerk salary states are Nebraska, West Virginia, and South Carolina.
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Bureau of Labor Statistics (BLS), the industry of employment has a significant effect. BLS data singles out several industries that pay salaries above the nationwide median. These industries include finance and insurance, professional services, and wholesale trade. The states with the highest numbers of accounting clerk jobs tend to be heavily urbanized. Large population centers attract more commercial activity, which increases demand for bookkeepers and accounting clerks. Advances like cloud computing have allowed businesses to automate some of accounting clerks’ traditional job duties.
- According to Payscale, clerks at the highest end of the experience spectrum out-earn those at the lowest end by more than 18%.
- Some of the industries identified by the BLS as offering the highest job numbers and pay rates have ties to particular locations.
- This certification can offer an upgrade over the average base salary of about $40,560 per year reported by Payscale.
- However, job numbers are limited and the industry centers on areas where mining companies operate.