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Billing, Cost, and Rate Clerk

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What is a Billing, Cost, and Rate Clerk?

Occupation Description Compile data, compute fees and charges, and prepare invoices for billing purposes. Duties include computing costs and calculating rates for goods, services, and shipment of goods; posting data; and keeping other relevant records. May involve use of computer or typewriter, calculator, and adding and bookkeeping machines.

Life As a Billing Clerk: What Do They Do?

  • Estimate market value of products or services.
  • Perform bookkeeping work, including posting data or keeping other records concerning costs of goods or services or the shipment of goods.
  • Review documents such as purchase orders, sales tickets, charge slips, or hospital records to compute fees or charges due.
  • Compile reports of cost factors, such as labor, production, storage, or equipment.
  • Answer mail or telephone inquiries regarding rates, routing, or procedures.
  • Operate typing, adding, calculating, or billing machines.

Things a Billing Clerk Should Know How to Do

Billing, Cost, and Rate Clerks state the following job skills are important in their day-to-day work.

Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Speaking: Talking to others to convey information effectively.

Reading Comprehension: Understanding written sentences and paragraphs in work related documents.

Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Service Orientation: Actively looking for ways to help people.

Coordination: Adjusting actions in relation to others’ actions.

  • Principal Account Clerk
  • Billing Assistant
  • Securities Clerk
  • Estimate Clerk
  • Spot Billing Clerk

Billing Clerk Job Outlook

In 2016, there was an estimated number of 501,000 jobs in the United States for Billing, Cost, and Rate Clerk. New jobs are being produced at a rate of 14.1% which is above the national average. The Bureau of Labor Statistics predicts 70,600 new jobs for Billing, Cost, and Rate Clerk by 2026. The BLS estimates 59,500 yearly job openings in this field.

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The states with the most job growth for Billing Clerk are Utah, Arizona, and Colorado. Watch out if you plan on working in Maine, Mississippi, or Rhode Island. These states have the worst job growth for this type of profession.

What is the Average Salary of a Billing Clerk

The average yearly salary of a Billing Clerk ranges between $26,840 and $55,500.

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Billing, Cost, and Rate Clerks who work in District of Columbia, Alaska, or Connecticut, make the highest salaries.

Below is a list of the median annual salaries for Billing, Cost, and Rate Clerks in different U.S. states.

State Annual Mean Salary
Alabama $34,760
Alaska $45,290
Arizona $38,250
Arkansas $33,390
California $44,080
Colorado $41,060
Connecticut $45,180
Delaware $42,780
District of Columbia $63,020
Florida $36,320
Georgia $37,400
Hawaii $41,650
Idaho $37,470
Illinois $41,980
Indiana $36,220
Iowa $38,810
Kansas $36,600
Kentucky $34,550
Louisiana $34,750
Maine $37,000
Maryland $39,690
Massachusetts $44,550
Michigan $37,850
Minnesota $42,060
Mississippi $32,680
Missouri $36,150
Montana $35,870
Nebraska $36,860
Nevada $38,800
New Hampshire $41,050
New Jersey $42,710
New Mexico $35,290
New York $43,840
North Carolina $37,080
North Dakota $41,120
Ohio $37,840
Oklahoma $34,900
Oregon $41,370
Pennsylvania $39,050
Rhode Island $40,210
South Carolina $35,380
South Dakota $31,990
Tennessee $36,710
Texas $37,620
Utah $37,690
Vermont $41,110
Virginia $40,570
Washington $43,360
West Virginia $32,340
Wisconsin $38,490
Wyoming $39,970

What Tools & Technology do Billing, Cost, and Rate Clerks Use?

Although they’re not necessarily needed for all jobs, the following technologies are used by many Billing, Cost, and Rate Clerks:

  • Microsoft Excel
  • Microsoft Word
  • Microsoft Office
  • Microsoft PowerPoint
  • Web browser software
  • Microsoft Access
  • Word processing software
  • SAP
  • Spreadsheet software
  • Database software
  • Microsoft Dynamics
  • Intuit QuickBooks
  • MEDITECH software
  • Oracle JD Edwards EnterpriseOne
  • IBM Cognos Impromptu
  • Medical procedure coding software
  • Oracle E-Business Suite Financials
  • Epic Systems
  • Microsoft Dynamics GP
  • Healthcare common procedure coding system HCPCS

How do I Become a Billing Clerk?

Are there Billing, Cost, and Rate Clerks education requirements?

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What work experience do I need to become a Billing Clerk?

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Where Billing, Cost, and Rate Clerks Are Employed

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The table below shows the approximate number of Billing, Cost, and Rate Clerks employed by various industries.

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Similar Careers

Those thinking about becoming a Billing, Cost, and Rate Clerk might also be interested in the following careers:

Those who work as a Billing, Cost, and Rate Clerk sometimes switch careers to one of these choices:

References:

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More about our data sources and methodologies.

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