What You Need to Know About Billing, Cost, and Rate Clerk
Billing Clerk Definition 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?
- Verify accuracy of billing data and revise any errors.
- Update manuals when rates, rules, or regulations are amended.
- Compute credit terms, discounts, shipment charges, or rates for goods or services to complete billing documents.
- Review compiled data on operating costs and revenues to set rates.
- Track accumulated hours and dollar amounts charged to each client job to calculate client fees for professional services, such as legal or accounting services.
- Type billing documents, shipping labels, credit memorandums, or credit forms, using typewriters or computers.
Billing Clerk Required Skills
Below is a list of the skills most Billing, Cost, and Rate Clerks say are important on the job.
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.
Related Job Titles
- Deposit Clerk
- Traffic Rate Clerk
- Rate Reviewer
- Price Lister
- Billing Coordinator
Job Outlook for Billing, Cost, and Rate Clerks
There were about 501,000 jobs for Billing, Cost, and Rate Clerk in 2016 (in the United States). 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. Due to new job openings and attrition, there will be an average of 59,500 job openings in this field each year.
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.
Average Billing, Cost, and Rate Clerks Salary
The typical yearly salary for Billing, Cost, and Rate Clerks is somewhere between $26,840 and $55,500.
Billing, Cost, and Rate Clerks who work in District of Columbia, Alaska, or Connecticut, make the highest salaries.
How much do Billing, Cost, and Rate Clerks make in different U.S. states?
|State||Annual Mean Salary|
|District of Columbia||$63,020|
What Tools 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
- 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
Becoming a Billing Clerk
What education or degrees do I need to become a Billing, Cost, and Rate Clerk?
How many years of work experience do I need?
Who Employs Billing, Cost, and Rate Clerks?
Below are examples of industries where Billing, Cost, and Rate Clerks work:
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Those interested in being a Billing, Cost, and Rate Clerk may also be interested in:
Career changers with experience as a Billing, Cost, and Rate Clerk sometimes find work in one of the following fields:
More about our data sources and methodologies.
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