Accounts Payable Processor Salary

Median pay for Accounts Payable Processors in the United States is around $15.36 per hour. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Accounts Payable Processors who responded to the questionnaire are largely women, dominating at 85 percent. While approximately one-fifth report receiving no health benefits, a strong majority do receive medical coverage, and more than half have dental, as well. Work is enjoyable for Accounts Payable Processors, who typically claim high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.

$28,621 - $48,314
(Median)
$29K
$38K
$48K
MEDIAN: $38,233
10%
50%
90%

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$11.94 - $19.98
(Median)
$12
$15
$20
MEDIAN: $15.00
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
$28,621 - $48,314  
   
Bonus
$0.00 - $2,411  
Profit Sharing
$1,300  
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).
)
$25,970 - $45,459  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 194
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
$11.94 - $19.98  
   
Overtime
$16.19 - $29.55  
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 - $2,411  
   
Profit Sharing
$1,300  
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).
)
$25,970 - $45,459  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 463
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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 sometimes assume positions such as Senior Accountants. That role pays $59K per year on average. Accounts Payable Processors moving up in their careers tend to step into positions as Accounts Payable Supervisors or Staff Accountants. The median paychecks in those roles are $11K higher and $9K higher, respectively.

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Popular Skills for Accounts Payable Processor


Overall, survey participants reported applying a fair number of skills to their work. 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. At the other end of the pay range are skills like Data Entry and Accounts Receivable. Most people skilled in Accounts Payable are similarly competent in Microsoft Office.

Pay by Experience Level for Accounts Payable Processor

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


Experience does not seem to be a strong driver of pay increase in this role. Those in the early stages of their career can expect to make around $32K; however, individuals with five to 10 years of experience bring in $34K on average — a distinctly larger sum. People with 10 to 20 years of experience make an average of about $36K in this role. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $37K.

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Experience Affects Accounts Payable Processor Salaries




National Average
$34,000


Skills That Affect Accounts Payable Processor Salaries

Microsoft Office
up arrow 4%

SAP SAP Financial Accounting and Controlling (SAP FICO)
up arrow 1%

Accounts Payable
0%

Microsoft Excel
0%

National Average
$34,000

Accounts Receivable
up arrow 9%

Data Entry
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 109 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
4%
1-4 years
36%
5-9 years
21%
10-19 years
26%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 61%
medical benefits
Vision: 48%
dental benefits
None: 20%
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