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Billing, Cost, and Rate Clerk

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Life As a Billing, Cost, and Rate Clerk

Position 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.

Billing Clerk Responsibilities

  • Consult sources such as rate books, manuals, or insurance company representatives to determine specific charges or information such as rules, regulations, or government tax and tariff information.
  • Type billing documents, shipping labels, credit memorandums, or credit forms, using typewriters or computers.
  • Prepare itemized statements, bills, or invoices and record amounts due for items purchased or services rendered.
  • Answer mail or telephone inquiries regarding rates, routing, or procedures.
  • Update manuals when rates, rules, or regulations are amended.
  • Keep records of invoices and support documents.

What Skills Do You Need to Work as a Billing Clerk?

These are the skills Billing, Cost, and Rate Clerks say are the most useful in their careers:

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.

  • Accounting Assistant
  • Tax Clerk
  • Rate Marker
  • Medical Billing and Coding Specialist
  • Medical Coder

Job Opportunities for Billing, Cost, and Rate Clerks

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. Due to new job openings and attrition, there will be an average of 59,500 job openings in this field each year.

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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.

Billing Clerk Average Salary

The salary for Billing, Cost, and Rate Clerks ranges between about $26,840 and $55,500 a year.

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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
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 do Billing, Cost, and Rate Clerks Use?

Below is a list of the types of tools and technologies that Billing, Cost, and Rate Clerks may use on a daily basis:

  • 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?

Individuals working as a Billing, Cost, and Rate Clerk have obtained the following education levels:

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How many years of work experience do I need?

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Where do Billing, Cost, and Rate Clerks Work?

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Billing, Cost, and Rate Clerks work in the following industries:

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Are you already one of the many Billing, Cost, and Rate Clerk in the United States? If you’re thinking about changing careers, these fields are worth exploring:

References:

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