Accounts Payable Processor Salary

Median pay for Accounts Payable Processors in the United States is around $15.25 per hour. Residence and experience level each impact pay for this group, with the former having the largest influence. The majority of workers are highly satisfied with their job. Health benefits are not claimed by all — one-fifth lack any form of coverage — but a fair number have medical insurance, and the greater part have dental, too. The vast majority (86 percent) of Accounts Payable Processors who took the survey are female. This overview is based on answers to PayScale's salary questionnaire.

$27,858 - $47,955

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$11.89 - $19.85

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16K$32K$48K
Salary
$27,858 - $47,955  
   
Bonus
$0.00 - $2,417  
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).
)
$25,768 - $44,825  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 181
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$10$20$30
Hourly Rate
$11.89 - $19.85  
   
Overtime
$16.49 - $28.94  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20K$40K$60K
Bonus
$0.00 - $2,417  
   
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).
)
$25,768 - $44,825  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 426
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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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While Accounts Payable Processors do not often become Senior Accountants, the job pays $58K per year on average. It is quite typical for Accounts Payable Processors to transition into roles as Accounts Payable Supervisors or Staff Accountants, where reported median earnings are $11K and $10K higher per year.

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Popular Skills for Accounts Payable Processor


Survey results show that Accounts Payable Processors use a fair number of 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. Those familiar with Accounts Payable also tend to know Microsoft Office.

Pay by Experience Level for Accounts Payable Processor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Accounts Payable Processors, more experience in the field does not usually mean bigger paychecks. Folks with fewer than five years of experience take home $32K on average, and those who have worked for five to 10 years see a bigger median salary of $34K. Accounts Payable Processors claiming one to two decades of experience make an estimated median of $36K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $37K.

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Experience Affects Accounts Payable Processor Salaries


Experienced
up arrow 7%

Mid-Career
0%

National Average
$34,000

Entry-Level
up arrow 6%

Skills That Affect Accounts Payable Processor Salaries

Microsoft Office
up arrow 7%

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 108 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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