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    Responsibilities of an Accounts Receivable Clerk

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    How and where to secure revenue by verifying and posting receipts; resolving discrepancies?

    How to post daily cash receipts to owners accounts, preparing deposit tickets, reconciliations and billing?

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    https://brainmass.com/business/accounting/responsibilities-accounts-receivable-clerk-584781

    Solution Preview

    How and where to secure revenue by verifying and posting receipts; resolving discrepancies?
    Assuming that the company uses an accounting software then posting of receipts and resolving discrepancies will happen in the accounts receivable module of the accounting software. Verifying receipts means manually checking if the figures - inventory item, quantity and prices - match and if they do match, the accounts receivable can then record the receipts. In recording the receipts, the accounts receivable clerk must ensure that the transaction is recorded under the correct customer.

    In the case on the presence of discrepancies and such ...

    Solution Summary

    402 words to explain the clerk's responsibilities in verifying and posting receipts and daily cash transfers. The post daily cash receipts to owners accounts, preparing deposit tickets and reconciliation and billing is discussed.

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