Accounts Payable Processor Salary (United States)

Accounts Payable Processors in the United States typically take home $15.07 per hour. The top of the range reaches $19.77, and the bottom approaches $11.73 per hour. Career length is the biggest factor affecting pay for this group, followed by the particular city. In this profession, most individuals enjoy medical and dental coverage, and about half have vision insurance, as well. The majority of Accounts Payable Processors claim high levels of job satisfaction. The data in this summary comes from the PayScale salary survey.
Accounts Payable Processor Salary (?
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.
)
$25,764 - $46,458
(Median)
26K
30K
36K
42K
46K
MEDIAN: $35,965
10%
25%
50%
75%
90%
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Accounts Payable Processor Salary (?
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.
)
$11.73 - $19.77
(Median)
12
15
17
20
MEDIAN: $15.00
10%
50%
75%
90%
Add this chart to your site: 640px    300px

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
$25,764 - $46,458  
   
Bonus
$0.00 - $2,406  
Profit Sharing
$150.00 - $3,000  
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).
)
$25,061 - $44,213  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 206
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
$11.73 - $19.77  
   
Overtime
$15.15 - $28.70  
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 - $2,406  
   
Profit Sharing
$150.00 - $3,000  
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).
)
$25,061 - $44,213  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 443
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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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Additional career progression often leads to a hefty increase in pay for Accounts Payable Processors. At the upper end, those who move into an Accounts Payable Supervisor role can bring in an extra $10,848 per year. A typical promotion for Accounts Payable Processors is becoming Staff Accountants or Accounts Payable Managers, where they can expect an extra $10,107 or $10,140 per year.

Accounts Payable Processor Job Listings

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Popular Skills for Accounts Payable Processor

Accounts Payable Processors usually report a few specific skills. Those who have experience with Microsoft Office can expect to be compensated well for these skills, typically earning 13 percent more than the national average, respectively. Skills that are correlated to lower pay, on the other hand, include Data Entry. Most people experienced in 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.
In most cases, Accounts Payable Processors can expect only incremental pay growth as they advance in their careers. After five to 10 years, compensation can go from $31K to $33K. Those with one to two decades of experience under their belt tend to see salaries around $36K. Salary increase slows as Accounts Payable Processors pass 20 years in their field, with average salaries hovering around $37K. Experienced employees who have 10-20 years of experience make up 21 percent of the workforce; inexperienced individuals who have been working for less than one year comprise less than five, and senior people with more than 20 years under their belt fill out the remaining less than 10. Workers in this area tend to have one to nine years of experience.

Pay Difference By Location

Chicago
up arrow 18%
Houston
up arrow 17%
Los Angeles
up arrow 11%
Indianapolis
up arrow 11%
Denver
up arrow 9%
National Average
$33,000
Larger circles over a city indicate a job is popular in that location.
For Accounts Payable Processors, Chicago provides a pay rate that is 18 percent greater than the national average. Houston, Los Angeles, Indianapolis, and Denver are a few other cities that offer generous salaries, with Accounts Payable Processors earning around 17 percent, 11 percent, 11 percent, and 9 percent more than average.

Related Job Salaries

Experience Affects Accounts Payable Processor Salaries

Experienced
up arrow 7%
Mid-Career
0%
National Average
$33,000
Entry-Level
up arrow 5%

Skills That Affect Accounts Payable Processor Salaries

Microsoft Office
up arrow 13%
Microsoft Excel
up arrow 1%
Accounts Payable
0%
National Average
$33,000
Data Entry
up arrow 4%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 129 votes.

Gender

Female
86%
female alumni
 
Male
14%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
39%
5-9 years
27%
10-19 years
21%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 78% dental benefits Dental: 60%
vision benefits Vision: 47% employee benefits None: 19%
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