Accounts Payable
Receives and reviews invoices from vendors, matches documents, codes and batches, assembles voucher packages for approval by appropriate managers, and processes checks to send to vendors. May perform other basic clerical duties associated with accounts payable. May post transactions to journals, ledgers and other records. May handle incoming calls from vendors regarding payments. Experienced AP’s may oversee accounts payable recordkeeping, supervision and recording of amounts due, verification of invoices, and calculation of discounts.
Accounts Receivable
Receives cash payments and applies credit to customer accounts. May be involved in making collection calls and following up on payments. Follows established procedures for processing receipts and cash, sorts and files documents after posting. May prepare bank deposits, oversee accounts receivable recordkeeping, ensure cash receipts, claims, or unpaid invoices are accounted for properly.
Payroll
Sets up new employees’ accounts and handles pay rates, time cards, processes checks, withholding amounts and insurance coverage. Compiles, prepares and maintains payroll reports and statistics. May also become involved with employee benefits or human resources issues. Experienced Payroll clerks may process special checks, review, edit and make corrections and adjustments as needed.