Accounts Payable Processor Salary

An average Accounts Payable Processor in the United States can expect to take home roughly $15.36 per hour. Residence is the biggest factor affecting pay for this group, followed by years of experience. Not all workers are lucky enough to have benefits; in fact, about a fifth are without coverage. Medical insurance is claimed by a strong majority and dental insurance is reported by the greater part. Among survey respondents, women are more common than men; 85 percent of Accounts Payable Processors are female. Most Accounts Payable Processors like their work and job satisfaction is high. The information for this snapshot was generated by responses to the PayScale salary survey.

$28,621 - $48,314
(Median)
$29K
$38K
$48K
MEDIAN: $38,233
10%
50%
90%

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$11.94 - $19.98
(Median)
$12
$15
$20
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17K$34K$51K
Salary
$28,621 - $48,314  
   
Bonus
$0.00 - $2,411  
Profit Sharing
$1,300  
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).
)
$25,970 - $45,459  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 194
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$10$20$30
Hourly Rate
$11.94 - $19.98  
   
Overtime
$16.19 - $29.55  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20K$40K$60K
Bonus
$0.00 - $2,411  
   
Profit Sharing
$1,300  
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).
)
$25,970 - $45,459  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 463
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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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Accounts Payable Processors do not often transition into Senior Accountant roles. The role averages $59K per year. It is quite typical for Accounts Payable Processors to transition into roles as Accounts Payable Supervisors or Staff Accountants, where reported median earnings are $11K and $9K higher per year.

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Popular Skills for Accounts Payable Processor


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Microsoft Office, SAP SAP Financial Accounting and Controlling, Accounts Payable, and Microsoft Excel are correlated to pay that is above average. At the other end of the pay range are skills like Data Entry and Accounts Receivable. Most people familiar with Accounts Payable also know 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. The average beginner in this position makes around $32K, but folks who have been around for five to 10 years see a markedly higher median salary of $34K. Accounts Payable Processors with one to two decades of relevant experience report an average salary of approximately $36K. People who have worked for more than 20 years report a median income of $37K, which is barely higher than the median for folks with 10 to 20 years of experience.

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Experience Affects Accounts Payable Processor Salaries




National Average
$34,000


Skills That Affect Accounts Payable Processor Salaries

Microsoft Office
up arrow 4%

SAP SAP Financial Accounting and Controlling (SAP FICO)
up arrow 1%

Accounts Payable
0%

Microsoft Excel
0%

National Average
$34,000

Accounts Receivable
up arrow 9%

Data Entry
up arrow 10%

Job Satisfaction

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

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
4%
1-4 years
36%
5-9 years
21%
10-19 years
26%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 61%
medical benefits
Vision: 48%
dental benefits
None: 20%
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