How to Become an Accounts Clerk

(8 courses)

What do I need to study to become an Accounts Clerk?

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FNS60217Mentor EducationAdvanced Diploma of Accounting

Build your specialist accounting and business knowledge with the Advanced Diploma of Accounting (FNS60217) from Mentor Education. Learn about governance, statistical analysis, legal principles and financial reporting.

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FNS40615Open CollegesCertificate IV in Accounting

Study this Certificate IV in Accounting (FNS40615) course online and you will gain a thorough understanding of financial practices and procedures.

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FNS40217Monarch InstituteCertificate IV in Accounting and Bookkeeping

Build vital accounting skills and become a certified bookkeeper with this Certificate IV in Accounting and Bookkeeping (FNS40217) from Monarch Institute. 

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FNS40615 & FNS40215Open CollegesCertificate IV in Accounting and Certificate IV in Bookkeeping

Develop your accounting expertise! This dual qualification Certificate IV in Accounting (FNS40615) and Certificate IV in Bookkeeping (FNS40215) from Open Colleges is your ticket to a diverse and rewarding career path in accounting and finance.

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FNS40215Open CollegesCertificate IV in Bookkeeping

Studying a Certificate IV in Bookkeeping (FNS40215) course online will give you a thorough understanding of the financial industry and the role of bookkeeping in a business.

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FNS40115Mentor EducationCertificate IV in Credit Management

The Certificate IV in Credit Management (FNS40115) course meets ASIC’s consumer credit education requirements and is the perfect entry point into the credit management industry.

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FNS50217Mentor EducationDiploma of Accounting

Study this Diploma of Accounting (FNS50217) course and learn key accounting processes and methodologies.

You will cover tax, management accounting, legal principles and the use of complex spreadsheets and preparation of financial reports in this online diploma program.

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FNS50215MCI InstituteDiploma of Accounting

The Diploma of Accounting (FNS50215) is an essential online diploma course for anyone wishing to pursue careers in the finance industry, or to better manage the finances of their own business.

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Definition of Accounts Clerk

An Accounts Clerk is in charge of performing a wide range of accounting tasks to support their company or organisation. Duties include reviewing and paying invoices, managing expenses, and verifying and reconciling financial data.

They manage cash flow, assist in setting budgets and liaise with external parties to resolve issues and ensure that the business is in a healthy financial state



It is the responsibility of Accounts Clerks to monitor and maintain their company’s accounting records. Using specialised software, spreadsheets and databases, they enter balances and calculate interest on loans, investments and bank accounts. They must also reconcile account statements, identify and investigate discrepancies and generate financial reports.

What are the responsibilities of an Accounts Clerk ?

  • Assembling and processing documents regarding accounts payable and receivable.
  • Reconciling accounts and dispatching payments.
  • Calculating and researching the costs of proposed expenditure, wages, quotes and operational expenses.
  • Preparing bank reconciliations.
  • Managing budget allocations.
  • Maintaining records of standard costs and values for things like incidentals, raw materials and packaging supplies.
  • Verifying invoices and summarising expenditures.
  • Compiling data and generating reports on operating costs, inventory adjustments, budgets and profit and loss figures.

Career Outlook for Accounts Clerk

The average age of people working as is 43 with 17.00% of them being male. 62.90% of are employed full-time and they typically work around 36.6 hours per week.

 

Unemployment is average and, with A Bachelor Degree or higher, the average Community Worker can earn around $1,071 per week Before Tax. In 2015 there were 137,400 working and the future growth of the profession is predicted to be stable, with numbers around 133,900 in 2020.