Will “Clearing House Clerk” be Replaced By Robots? 🤔

98% Chance of Automation

“Clearing House 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.

Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍

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…

Tasks for “Clearing House Clerk”

Compute deductions for income and social security taxes.
Comply with federal, state, and company policies, procedures, and regulations.
Prepare purchase orders and expense reports.
Calculate, prepare, and issue bills, invoices, account statements, and other financial statements according to established procedures.
Reconcile or note and report discrepancies found in records.
Calculate and prepare checks for utilities, taxes, and other payments.
Code documents according to company procedures.
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.
Reconcile records of bank transactions.
Receive, record, and bank cash, checks, and vouchers.
Transfer details from separate journals to general ledgers or data processing sheets.
Operate computers programmed with accounting software to record, store, and analyze information.
Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.
Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.
Maintain inventory records.
Perform general office duties, such as filing, answering telephones, and handling routine correspondence.
Complete and submit tax forms and returns, workers' compensation forms, pension contribution forms, and other government documents.
Prepare and process payroll information.
Compare computer printouts to manually maintained journals to determine if they match.
Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers.
Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.
Monitor status of loans and accounts to ensure that payments are up to date.
Calculate costs of materials, overhead, and other expenses, based on estimates, quotations and price lists.
Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.
Compile budget data and documents, based on estimated revenues and expenses and previous budgets.
Access computerized financial information to answer general questions as well as those related to specific accounts.
Perform personal bookkeeping services.
Prepare trial balances of books.
Match order forms with invoices, and record the necessary information.

Related Technology & Tools

Ledger sheets
Desktop computers
Image scanners
Receipt books
Financial calculators
Notebook computers
10-key calculators

MethodWare ProAudit Advisor
Tumbleweed SecureTransport
Sage 100 Contractor
HCSS HeavyBid
Cartesis ES Magnitude
LexisNexis
Intuit QuickBooks
FLS eDP.Payrolltax
AcornSystems Corporate Performance Management
Pentana audit work system PAWS
Microsoft Access
Human resource management software HRMS
CYMA IV Accounting for Windows
Accounts payable software
IBM Notes
Paisley Focus Control Assurance
AuditWare
American HealthTech Financial
Business performance management BPM software
Softrax Revenue Management
UA Business Software Professional Edition
Financial compliance software
Cost accounting software
Intrax ProcedureNet
Accounts receivable software
Paisley RiskNavigator
Microsoft Outlook
BLS Software Invoice!
AdaptaSoft CyberPay
Document management system software
FlexiFinancials FlexiLedger
Auditing software
Intuit Quicken
NetSuite ERP
Oracle PeopleSoft Financials
Microsoft Office
SAP BusinessObjects Data Integrator
CCIS AccountAbility
Paisley IssueTrack
SAP Business Objects
Sage 100 ERP
SAP
Paisley AutoAudit
IBM Cognos Impromptu
Records management software
Spreadsheet software
Automation Counselors municiPAL
Asset management software
HMS
ATX Total Engagement Office
Word processing software
RSM McGladrey Auditor Assistant
Microsoft Dynamics
Oracle Hyperion
ComputerEase
ADP Workforce Now
Healthcare common procedure coding system HCPCS
Microsoft Excel
Financial statement software
Blackbaud The Financial Edge
Microsoft Word
Best MIP Fund Accounting
Microsoft Internet Explorer
Infor Global Solutions Starbuilder
Payroll software
Medical procedure coding software
ACS Technologies ACS Financial Suite
Microsoft PowerPoint
Advanced Management Systems Software for Wineries
ADP Pay eXpert
Data entry software
PROPHIX Enterprise
BillingTracker
Sage 50 Accounting
Oracle E-Business Suite Financials
FileMaker Pro
Roundtable Software Advantage Accounting System
Accutrac Records Management Software
Fund accounting software
Accurate NXG
Customer information control system CICS
Financial reporting software
Blackbaud The Raiser's Edge
Microsoft Dynamics GP
Corporate Responsibility System Technologies Limited CRSTL Compliance Positioning System
General ledger software
RSM McGladrey Advanced Practice Solutions Paperless Audit
Sage ACT!
OmniRIM Records Management Suite
Heron CrossTie General Ledger
Paisley Cardmap
MEDITECH software
Medical condition coding software
ATX Total Accounting Office
Yardi
Oracle PeopleSoft
Tax software
SAP Crystal Reports
Activant Solutions Activant Prophet 21
AMS Services AMS Sagitta
New Millennium Communications Genesis Accounting
Oracle JD Edwards EnterpriseOne
HCSS HeavyJob