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Accounts Payable Processor Salary

Accounts Payable Processors in the United States take home an average $15.18 per hour. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Most Accounts Payable Processors report high levels of job satisfaction. Women account for the majority of Accounts Payable Processors who took the survey — 85 percent to be exact. A fair number enjoy medical while the greater part get dental coverage. Vision coverage is also available to around half. This snapshot results from replies to PayScale's salary survey.
$26,008 - $46,920
(Median)
26K
30K
36K
42K
47K
MEDIAN: $36,445
10%
25%
50%
75%
90%

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$11.69 - $19.80
(Median)
12
15
17
20
MEDIAN: $15.00
10%
50%
75%
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
$26,008 - $46,920  
   
Bonus
$0.00 - $2,517  
Profit Sharing
$568 - $3,625  
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).
)
$25,047 - $44,533  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 195
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
$11.69 - $19.80  
   
Overtime
$15.53 - $28.87  
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 - $2,517  
   
Profit Sharing
$568 - $3,625  
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).
)
$25,047 - $44,533  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 431
United States (change)

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' salaries can rise greatly for those who assume a higher-end position such as an Accounts Payable Supervisor. Accounts Payable Supervisors get paid an average $44K per year. Accounts Payable Processors most often move into positions as Staff Accountants or Accounts Payable Managers; those groups report median salaries that are $10K higher and $10K higher, respectively.

Accounts Payable Clerk Job Listings

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Popular Skills for Accounts Payable Processor


Survey results show that Accounts Payable Processors typically report just a few professional skills. Most notably, skills in Microsoft Office, Microsoft Excel, Accounts Payable, and Data Entry are correlated to pay that is above average. Skills that seem to negatively impact pay include Data Entry. Most people skilled in Accounts Payable are similarly competent in 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. Average salaries for inexperienced employees average out to around $32K, but folks who have five to 10 years of experience earn a higher median of $33K. On average, Accounts Payable Processors make $36K following one to two decades on the job. 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.

Related Job Salaries

Experience Affects Accounts Payable Processor Salaries


Experienced
up arrow 8%

National Average
$33,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 5%

Skills That Affect Accounts Payable Processor Salaries

Microsoft Office
up arrow 13%

Microsoft Excel
up arrow 1%

National Average
$33,000

Accounts Payable
up arrow 1%

Data Entry
up arrow 5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 122 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
3%
1-4 years
39%
5-9 years
25%
10-19 years
22%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 78% dental benefits Dental: 61%
vision benefits Vision: 48% employee benefits None: 19%