Glossary
Billing Clerk Terms & Vocabulary
15 essential billing clerk terms with plain-English definitions: the vocabulary you’ll hear in training and on day one.
Key billing clerk vocabulary
These 15 terms come up constantly in billing clerk training, on the job and in interviews. Knowing them helps you follow instructions, document accurately and sound prepared.
- Accounts receivable
- Money owed to a business.
- Aging report
- Shows how old balances are.
- Audit trail
- Record of changes.
- Billing cycle
- Period between bills.
- Credit memo
- Reduces a customer’s balance.
- Data entry
- Typing information into systems.
- Invoice
- Bill to a customer.
- Net 30
- Payment due in 30 days.
- Past due
- Late.
- Payment posting
- Recording payments.
- Queue
- List of tasks waiting.
- Reconciliation
- Matching records.
- Remittance
- Payment sent.
- Statement
- Summary of account activity.
- Workflow
- Steps to complete work.
Practice these terms
Test yourself with the free Billing Clerk practice test: it includes vocabulary questions built from this list. For a complete course, see Billing Clerk training.
Browse terms from every career in our career glossary.