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.
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.