Will “Balance Clerk” be Replaced By Robots? 🤔
98% Chance of Automation
“Balance Clerk” will almost certainly be replaced by robots.
This job is ranked #671 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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Job Description
Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.
Job Details
- The SOC (Standard Occupational Classification) code is 43-3031.00
- The Mean Annual Wage in the U.S. is $ 40,220.00
- The Mean Hourly Wage is $ 19.00
- Currently, there are 1,566,960 people on this job
☝️ Information based on the reference occupation “Bookkeeping, Accounting, and Auditing Clerks”.
Also Known As…
- Bookkeeping, Accounting, and Auditing Clerks
- Bookkeeper
- Accounts Receivable Clerk
- Accounts Payables Clerk
- Accounts Payable Specialist
- Accounts Payable Clerk
- Accounting Clerk
- Accounting Associate
- Accounting Assistant
- Account Receivable Clerk
- Account Clerk
- Voucher Examiner
- Voucher Clerk
- Typing Bookkeeper
- Typing and Bookkeeper
- Trust Vault Clerk
- Tonnage Compilation Clerk
- Stock Transfer Clerk
- Staff Accountant
- Securities Clerk
- Sales Audit Clerk
- Revenue Audit Clerk
- Returned Item Clerk
- Reserves Clerk
- Remittance Clerk
- Reconciliation Clerk
- Reconciliation Analyst
- Reconcilement Clerk
- Price Clerk
- Price Checker
- Posting Clerk
- Payroll Accounting Clerk
- Payment Processor
- Patient Financial Service Representative
- Patient Account Representative
- Pari Mutuel Ticket Checker
- Office Work and Bookkeeper
- Office Manager
- Night Auditor
- Mortgage Loan Computation Clerk
- Mortgage Accounting Clerk
- Margin Clerk
- Letter of Credit Clerk
- Ledger Poster
- Ledger Clerk
- Journal Clerk
- Income Auditor
- Import Export Clerk
- Hotel Night Auditor
- Hotel Auditor
- General Ledger Bookkeeper
- Full Charge Bookkeeper
- Foreign Exchange Position Clerk
- Foreclosure Clerk
- Food and Beverage Controller
- Fixed Capital Clerk
- Fiscal Technician
- Fiscal Accounting Clerk
- Financial Recording Clerk
- Financial Processing Clerk
- Finance Assistant
- Figure Clerk
- Field Clerk
- Export Documents Clerk
- Export Clerk
- Escrow Closer
- Escrow Agent
- Electronic Funds Transfer Coordinator
- Document Processor
- Dividend Deposit Voucher Clerk
- Distribution Accounting Clerk
- Discount Clerk
- Daily Sales Audit Clerk
- Credit Card Clerk
- Cost Accounting Clerk
- Cost Accountant
- Computer Bookkeeper
- Commodity Loan Clerk
- Collection Clerk
- Collateral Clerk
- Collateral and Safekeeping Clerk
- Clipman
- Clerk and Bookkeeper
- Clerk Analyst
- Clearing House Clerk
- Classifier
- Classification Control Clerk
- Classification Analyst
- Chief Wheelage Clerk
- Check Processing Clerk
- Check Out Clerk
- Check Clerk
- Chart Snatcher
- Chart Reader
- Chart Picker
- Chart Computer
- Chart Clerk
- Chart Changer
- Chart Calculator
- Cash Register Balancer
- Cash Accounting Clerk
- Canceling and Cutting Control Clerk
- Budget Technician
- Budget Clerk
- Bookkeeping Clerk
- Bookkeeper Assistant
- Bookkeeper and Clerk
- Booking Clerk
- Book Keeper
- Bond Clerk
- Billing Clerk
- Billing Checker
- Bank Reconciliator
- Auditor Sales
- Auditing Clerk
- Audit Control Clerk
- Audit Clerk
- Amortization Clerk
- Advice Clerk
- Accounts Receivable Specialist
- Accounts Receivable Assistant
- Accounts Payable Representative
- Accounts Payable Manager
- Accounts Payable Coordinator
- Accounts Payable Administrator
- Accounting Technician
- Accounting Specialist
- Accounting Representative
- Accounting Manager
- Accounting Coordinator
- Accounting Bookkeeper
- Accounting Analyst
- Accountant Helper
- Accountant Clerk
- Accountant Assistant
- Accountant
- Account Information Clerk
- Account Administrator
Tasks for “Balance Clerk”
- Calculate costs of materials, overhead, and other expenses, based on estimates, quotations and price lists.
- Reconcile records of bank transactions.
- Compile statistical, financial, accounting, or auditing reports and tables pertaining to such matters as cash receipts, expenditures, accounts payable and receivable, and profits and losses.
- Receive, record, and bank cash, checks, and vouchers.
- Transfer details from separate journals to general ledgers or data processing sheets.
- Compute deductions for income and social security taxes.
- Calculate, prepare, and issue bills, invoices, account statements, and other financial statements according to established procedures.
- Prepare trial balances of books.
- Perform personal bookkeeping services.
- Compile budget data and documents, based on estimated revenues and expenses and previous budgets.
- Monitor status of loans and accounts to ensure that payments are up to date.
- Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.
- Complete and submit tax forms and returns, workers' compensation forms, pension contribution forms, and other government documents.
- Match order forms with invoices, and record the necessary information.
- Compare computer printouts to manually maintained journals to determine if they match.
- Reconcile or note and report discrepancies found in records.
- Perform general office duties, such as filing, answering telephones, and handling routine correspondence.
- Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.
- Calculate and prepare checks for utilities, taxes, and other payments.
- Maintain inventory records.
- Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.
- Code documents according to company procedures.
- Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.
- Access computerized financial information to answer general questions as well as those related to specific accounts.
- Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers.
- Prepare purchase orders and expense reports.
- Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
- Operate computers programmed with accounting software to record, store, and analyze information.
- Prepare and process payroll information.
- Comply with federal, state, and company policies, procedures, and regulations.
Related Technology & Tools
- Desktop computers
- 10-key calculators
- Notebook computers
- Image scanners
- Financial calculators
- Receipt books
- Ledger sheets
- Records management software
- Accounts receivable software
- Best MIP Fund Accounting
- Word processing software
- Accounts payable software
- MethodWare ProAudit Advisor
- Yardi
- ADP Workforce Now
- ATX Total Engagement Office
- AuditWare
- LexisNexis
- Corporate Responsibility System Technologies Limited CRSTL Compliance Positioning System
- Oracle Hyperion
- SAP BusinessObjects Data Integrator
- Automation Counselors municiPAL
- Accurate NXG
- Accutrac Records Management Software
- Blackbaud The Raiser's Edge
- ACS Technologies ACS Financial Suite
- Sage 100 ERP
- AdaptaSoft CyberPay
- Cartesis ES Magnitude
- Blackbaud The Financial Edge
- Oracle E-Business Suite Financials
- FileMaker Pro
- Cost accounting software
- Financial compliance software
- Tax software
- SAP Business Objects
- Microsoft Access
- Heron CrossTie General Ledger
- Oracle JD Edwards EnterpriseOne
- Intrax ProcedureNet
- ComputerEase
- NetSuite ERP
- Sage 100 Contractor
- Oracle PeopleSoft Financials
- Microsoft Dynamics
- General ledger software
- Microsoft Office
- UA Business Software Professional Edition
- Financial statement software
- Spreadsheet software
- Asset management software
- Infor Global Solutions Starbuilder
- IBM Notes
- Healthcare common procedure coding system HCPCS
- Medical condition coding software
- AMS Services AMS Sagitta
- RSM McGladrey Advanced Practice Solutions Paperless Audit
- Paisley Focus Control Assurance
- ATX Total Accounting Office
- American HealthTech Financial
- Sage ACT!
- Microsoft Dynamics GP
- New Millennium Communications Genesis Accounting
- Pentana audit work system PAWS
- Document management system software
- BillingTracker
- AcornSystems Corporate Performance Management
- RSM McGladrey Auditor Assistant
- Auditing software
- MEDITECH software
- Microsoft Excel
- Customer information control system CICS
- Paisley RiskNavigator
- Tumbleweed SecureTransport
- Business performance management BPM software
- Human resource management software HRMS
- Microsoft Word
- Microsoft PowerPoint
- Advanced Management Systems Software for Wineries
- Payroll software
- HCSS HeavyJob
- PROPHIX Enterprise
- Oracle PeopleSoft
- Paisley AutoAudit
- Intuit QuickBooks
- SAP Crystal Reports
- Microsoft Outlook
- SAP
- Activant Solutions Activant Prophet 21
- ADP Pay eXpert
- BLS Software Invoice!
- Fund accounting software
- FlexiFinancials FlexiLedger
- Roundtable Software Advantage Accounting System
- IBM Cognos Impromptu
- Paisley Cardmap
- Paisley IssueTrack
- HCSS HeavyBid
- FLS eDP.Payrolltax
- Intuit Quicken
- Microsoft Internet Explorer
- Softrax Revenue Management
- HMS
- CCIS AccountAbility
- Sage 50 Accounting
- CYMA IV Accounting for Windows
- OmniRIM Records Management Suite
- Medical procedure coding software
- Data entry software
- Financial reporting software