Accounts Payable Processor Salary

Pay for Accounts Payable Processors in the United States sits in the ballpark of $15.11 per hour. Geography is the biggest factor affecting pay for this group, followed by tenure. Job satisfaction is reported as high by the vast majority of workers. The vast majority (87 percent) of Accounts Payable Processors who took the survey are female. Some workers in this field — one in five — are not awarded benefits. Medical coverage is reported by a strong majority and dental plans are enjoyed by more than half. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$26,788 - $46,651
(Median)
$27K
$37K
$47K
MEDIAN: $37,012
10%
50%
90%

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$11.75 - $19.77
(Median)
$12
$15
$20
MEDIAN: $15.00
10%
50%
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
$26,788 - $46,651  
   
Bonus
$0.00 - $2,349  
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).
)
$25,250 - $44,243  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 187
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
$11.75 - $19.77  
   
Overtime
$15.80 - $28.30  
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 - $2,349  
   
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).
)
$25,250 - $44,243  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 427

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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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Accounts Payable Processors might see a strong upturn in salary after transitioning into upper-level roles such as Accounts Payable Supervisor, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $44K per year. Career advancement for the typical Accounts Payable Processor often leads to becoming a Staff Accountant or an Accounts Payable Manager; median salaries in these positions are $10K higher and $10K higher, respectively.

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Popular Skills for Accounts Payable Processor


Survey takers who work as Accounts Payable Processors usually report a few specific skills. Most notably, skills in Microsoft Office, Accounts Payable, Microsoft Excel, and Data Entry are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Accounts Receivable and Data Entry. Those educated in Accounts Payable tend to be well versed in Microsoft Office.

Pay by Experience Level for Accounts Payable Processor

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


Accounts Payable Processors do not generally earn higher incomes from more experience in the field. Those who have worked for fewer than five years take home a median salary of $31K, and workers with five to 10 years of experience earn a higher $33K on average. After working for 10 to 20 years, Accounts Payable Processors make a median salary of $36K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $37K on average.

Related Job Salaries

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Experience Affects Accounts Payable Processor Salaries


Experienced
up arrow 9%

Mid-Career
0%

National Average
$33,000

Entry-Level
up arrow 6%

Skills That Affect Accounts Payable Processor Salaries

Microsoft Office
up arrow 12%

Accounts Payable
up arrow 2%

Microsoft Excel
up arrow 1%

National Average
$33,000

Data Entry
up arrow 7%

Accounts Receivable
up arrow 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 117 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
4%
1-4 years
38%
5-9 years
25%
10-19 years
22%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 60%
vision benefits Vision: 47% employee benefits None: 20%