Accounts Payable Processor Salary

Accounts Payable Processors in the United States pull down an average of $15.27 per hour. Geography is the biggest factor affecting pay for this group, followed by career length. A strong majority report receiving medical coverage from their employers and more than half collect dental insurance. Female Accounts Payable Processors far outnumber their male contemporaries among survey respondents. Most Accounts Payable Processors report high levels of job satisfaction. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$27,437 - $47,951
(Median)
$27K
$38K
$48K
MEDIAN: $37,652
10%
50%
90%

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$11.94 - $19.85
(Median)
$12
$15
$20
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$16K$32K$48K
Salary
$27,437 - $47,951  
   
Bonus
$0.00 - $2,070  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$25,726 - $44,710  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 186
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$10$20$30
Hourly Rate
$11.94 - $19.85  
   
Overtime
$17.16 - $28.63  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Bonus
$0.00 - $2,070  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$25,726 - $44,710  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 432
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Job Description for Accounts Payable Processor

Accounts payable processors are responsible for managing and reviewing outgoing payments made by their organization. Their primary duties are to ensure orders and invoices are reconciled by checking that all items are received and paid for. This involves working with vendors to determine invoice status, making payments for (or returning) non-invoiced items, and ensuring the delivery of missing items. Accounts payable processors make payments and keep an accounts payable journal in line with standard accounting practices. They work closely with other departments such as procurement and receiving to investigate shipment and invoice information to resolve disputes with vendors. Some accounts payable processors may also manage travel reimbursements and other internal payments to organization employees.

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Accounts Payable Processor Tasks

  • Prepare, enter and maintain filing of Accounts Payable.
  • Perform timely account reconciliation by verifying entries and comparing to balances.
  • Issue stop-payments or purchase order amendments.
  • Record, code, and process all invoices for payment.

Common Career Paths for Accounts Payable Processor


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Though some Accounts Payable Processors move into positions like Senior Accountant (where the average salary is $58K), this progression is not the norm. The most common next step for an Accounts Payable Processor is to become an Accounts Payable Supervisor or a Staff Accountant. The former position pays an additional $11K per year on average, and the latter position pays $10K more per year.

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Popular Skills for Accounts Payable Processor


Accounts Payable Processors report using a wide range of professional skills. Most notably, skills in Microsoft Office, SAP SAP Financial Accounting and Controlling, Microsoft Excel, and Accounts Payable are correlated to pay that is above average. Skills that pay less than market rate include Accounts Receivable and Data Entry. Those proficient in Accounts Payable are, more often than not, also skilled in Microsoft Office.

Pay by Experience Level for Accounts Payable Processor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Accounts Payable Processors with a lot of experience do not necessarily enjoy more money. Salaries of relatively inexperienced workers fall in the neighborhood of $32K, but folks who have racked up five to 10 years see a notably higher median of $34K. Accounts Payable Processors who work for 10 to 20 years in their occupation tend to earn about $36K. More than 20 years of experience mean a somewhat bigger median paycheck of $37K, but it's not much more than what less experienced people make.

Related Job Salaries

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Experience Affects Accounts Payable Processor Salaries


Experienced
up arrow 7%

Mid-Career
0%

National Average
$34,000

Entry-Level
up arrow 6%

Skills That Affect Accounts Payable Processor Salaries

Microsoft Office
up arrow 9%

SAP SAP Financial Accounting and Controlling (SAP FICO)
up arrow 2%

Accounts Payable
up arrow 1%

Microsoft Excel
up arrow 1%

National Average
$34,000

Data Entry
up arrow 6%

Accounts Receivable
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 109 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
4%
1-4 years
36%
5-9 years
24%
10-19 years
23%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 61%
vision benefits Vision: 47% employee benefits None: 20%
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