Accounts Payable Processor Salary

Accounts Payable Processors in the United States can expect wages of $15.27 per hour on average. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Most Accounts Payable Processors report high levels of job satisfaction. While about a fifth report receiving no health benefits, a strong majority do receive medical coverage, and a majority have dental, as well. The vast majority of Accounts Payable Processors (86 percent) who participated in the survey are women. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$27,369 - $47,785
(Median)
$27K
$37K
$48K
MEDIAN: $37,495
10%
50%
90%

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$11.91 - $19.90
(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
$27,369 - $47,785  
   
Bonus
$0.00 - $2,073  
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).
)
$25,649 - $44,714  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 182
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
$11.91 - $19.90  
   
Overtime
$16.68 - $28.85  
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 - $2,073  
   
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).
)
$25,649 - $44,714  
Country: United States | Currency: USD | Updated: 2 Jul 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 $59K), this progression is not the norm. Accounts Payable Processors most often move into positions as Accounts Payable Supervisors or Staff Accountants; those groups report median salaries that are $11K higher and $10K higher, respectively.

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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, Accounts Payable, and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Accounts Receivable and Data Entry. The majority of those who know 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.


More years of relevant experience do not necessarily translate to higher paychecks. Relatively untried employees who have fewer than five years of experience earn around $32K on average. People who have worked for five to 10 years can expect a higher median salary of $34K. The average pay reported by folks with 10 to 20 years of experience is around $36K. Accounts Payable Processors who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $37K.

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Experience Affects Accounts Payable Processor Salaries


Experienced
up arrow 8%

Mid-Career
0%

National Average
$34,000

Entry-Level
up arrow 6%

Skills That Affect Accounts Payable Processor Salaries

Microsoft Office
up arrow 8%

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
86 %
Male
14 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 76% dental benefits Dental: 61%
vision benefits Vision: 47% employee benefits None: 20%
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