Accounts Payable Processor Salary

Accounts Payable Processors in the United States pull down an average of $15.93 per hour. Geographic location and experience level each impact pay for this group, with the former having the largest influence. Most Accounts Payable Processors like their work and job satisfaction is high. Female Accounts Payable Processors far outnumber their male contemporaries among survey respondents. While some workers in this profession — one in four — do not have any health coverage, a fair number do receive medical benefits and more than half have dental insurance. The data in this summary comes from the PayScale salary survey.

$29,126 - $51,467
$29K
$39K
$51K
MEDIAN: $39,181
10%
50%
90%

Add this chart to your site: 640px    300px

$12.57 - $20.54
$13
$16
$21
MEDIAN: $15.93
10%
50%
90%

Add this chart to your site: 640px    300px

$0$51K
Salary $29,126 - $51,467
Bonus $496.65 - $3,973
Profit Sharing $800
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).
)
$27,300 - $47,002
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 121
Hourly Data $0$32
Hourly Rate $12.57 - $20.54
Overtime $18.98 - $32.42
Annual Data $0$47K
Bonus $496.65 - $3,973
Profit Sharing $800
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).
)
$27,300 - $47,002
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 319

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

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.

Read More...

Accounts Payable Processor Tasks

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

Common Career Paths for Accounts Payable Processor


Add this chart to your site:   640px 640px    300px 300px


At the upper end, Accounts Payable Processors who move into a Senior Accountant role can end up with a hefty increase in pay. The average income for Senior Accountants is a much higher $60K per year. Typical career progression for an Accounts Payable Processor involves becoming an Accounts Payable Specialist or an Accounts Payable Supervisor, roles that pay $2K more and $10K more on average.

Accounts Payable Processor Job Listings

Popular Skills for Accounts Payable Processor


Survey results show that Accounts Payable Processors use a fair number of skills. Most notably, skills in Accounts Receivable, Microsoft Excel, Accounts Payable, and Microsoft Office are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Data Entry. Most people familiar with Accounts Payable also know Microsoft Office and Data Entry.

Pay by Experience Level for Accounts Payable Processor

Pay by Experience for an Accounts Payable Processor has a positive trend. An entry-level Accounts Payable Processor with less than 5 years of experience can expect to earn an average total compensation of $33,000 based on 225 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Payable Processor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 109 salaries. An experienced Accounts Payable Processor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $37,000 based on 116 salaries. An Accounts Payable Processor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $38,000 based on 48 salaries.

Pay Difference by Location

National Average: $35,605

Larger city markers indicate a job is popular in that location.

Surpassing the national average by 16 percent, Accounts Payable Processors in New York receive some of the highest pay in the country. Accounts Payable Processors will also find cushy salaries in San Diego (+15 percent), Chicago (+12 percent), Denver (+4 percent), and Atlanta (+3 percent). With compensation 12 percent below the national average, Louisville is not known for hefty paychecks and actually represents the lowest-paying market. San Antonio and Houston are a couple other places where companies are known to pay below the median — salaries are 11 percent lower and 1 percent lower, respectively.

Accounts Payable Processor Reviews

Q: What is it like working as an Accounts Payable Processor?

Accounts Payable Processor in Paris:
"Ok."
Pros: Its pretty laid back, I do several jobs which makes me feel good about the quality of my work. Many people come to me for help. We all have our own office which is nice for concentration.
Cons: The pay, the manager is hard to get along with and hard to please sometime. We have our own offices which makes me feel secluded from everyone and gets to me sometimes because of no other human contact for a while.

Related Job Salaries

Key Stats for Accounts Payable Processor

Gender

Female
87 %
Male
13 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 68 votes.
Less than 1 year
3%
1-4 years
43%
5-9 years
20%
10-19 years
22%
20 years or more
12%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Accounts Payable Processor Salaries

▲8%

▲5%

▲4%

National Average
$36,000

▼6%

Skills That Affect Accounts Payable Processor Salaries

Accounts Receivable
▼0%

National Average
$36,000

Microsoft Excel
▼1%



SAP SAP Financial Accounting and Controlling (SAP FICO)
▼3%

Data Entry
▼5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 68 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
3%
1-4 years
43%
5-9 years
20%
10-19 years
22%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 63%
vision benefits
Vision: 55%
no benefits
None: 25%
ADVERTISEMENT