Accounts Payable Processors in the United States take home an average $15.86 per hour. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Nearly one in four of professionals in this line of work do not receive benefits; however, a strong majority report medical coverage and the larger part claim dental coverage as well. Female Accounts Payable Processors far outnumber their male contemporaries among survey respondents. The majority of Accounts Payable Processors claim high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.

$29,710 - $50,241
$30K
$39K
$50K
MEDIAN: $39,145
10%
50%
90%

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$12.40 - $20.48
$12
$16
$20
MEDIAN: $15.86
10%
50%
90%

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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$17K$34K$51K
Salary
$29,710 - $50,241  
   
Bonus
$490.94 - $4,119  
Profit Sharing
$786  
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).
)
$27,032 - $46,438  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 118
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$11$22$33
Hourly Rate
$12.40 - $20.48  
   
Overtime
$18.12 - $31.54  
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$22K$44K$66K
Bonus
$490.94 - $4,119  
   
Profit Sharing
$786  
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).
)
$27,032 - $46,438  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 318

Find Out Exactly What You Should Be Paid

United States (change)

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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 may experience a large salary bump if they progress into a role such as Senior Accountant. The latter position pays an average of $60K annually. 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.

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Popular Skills for Accounts Payable Processor


Accounts Payable Processors report using a wide range of professional skills. Most notably, skills in Microsoft Excel, Accounts Payable, Microsoft Office, and SAP SAP Financial Accounting and Controlling (SAP FICO) are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Data Entry and Accounts Receivable. The majority of those who know Accounts Payable also know Microsoft Office and Data Entry.

Pay by Experience Level for Accounts Payable Processor

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


More years of relevant experience do not necessarily translate to higher paychecks. The average beginner in this position makes around $33K, but folks who have been around for five to 10 years see a markedly higher median salary of $37K. After working for 10 to 20 years, Accounts Payable Processors make a median salary of $37K. Accounts Payable Processors who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $39K.

Related Job Salaries

Key Stats for Accounts Payable Processor

Gender

Female
86 %
Male
14 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 60 votes.
041
Less than 1 year
3%
1-4 years
41%
5-9 years
21%
10-19 years
23%
20 years or more
12%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Accounts Payable Processor Salaries




National Average
$35,000


Skills That Affect Accounts Payable Processor Salaries

Accounts Payable
0%

Microsoft Excel
0%

National Average
$35,000


SAP SAP Financial Accounting and Controlling (SAP FICO)
up arrow 2%

Accounts Receivable
up arrow 5%

Data Entry
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 60 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
3%
1-4 years
41%
5-9 years
21%
10-19 years
23%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 62%
vision benefits
Vision: 52%
dental benefits
None: 25%
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