Accounts Payable Processors in the United States pull down an average of $15.86 per hour. Residence is the biggest factor affecting pay for this group, followed by career duration. Most Accounts Payable Processors report high levels of job satisfaction. Female Accounts Payable Processors far outnumber their male contemporaries among survey respondents. Not all workers are lucky enough to have benefits; in fact, close to a fourth are without coverage. Medical insurance is claimed by a strong majority and dental insurance is reported by the larger part. This snapshot results from replies to PayScale's salary survey.

$29,645 - $50,322
(Median)
$30K
$39K
$50K
MEDIAN: $38,958
10%
50%
90%

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$12.27 - $20.47
(Median)
$12
$16
$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
$29,645 - $50,322  
   
Bonus
$492.44 - $4,113  
Profit Sharing
$800  
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).
)
$26,895 - $46,592  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 114
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
$12.27 - $20.47  
   
Overtime
$18.08 - $30.20  
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
$492.44 - $4,113  
   
Profit Sharing
$800  
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).
)
$26,895 - $46,592  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 323
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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 progress into high-paying roles like Senior Accountant, where median compensation is $60K annually. Accounts Payable Processors most often move into positions as Accounts Payable Specialists or Accounts Payable Supervisors; those groups report median salaries that are $2K higher and $10K higher, respectively.

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Popular Skills for Accounts Payable Processor


Accounts Payable Processors report using a diverse set of skills on the job. Most notably, skills in Accounts Payable, Microsoft Excel, SAP SAP Financial Accounting and Controlling, and Microsoft Office are correlated to pay that is above average. At the other end of the pay range are skills like Data Entry and Accounts Receivable. Those proficient in Accounts Payable are, more often than not, also skilled in 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.


For Accounts Payable Processors, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Salaries of relatively inexperienced workers fall in the neighborhood of $33K, but folks who have racked up five to 10 years see a notably higher median of $37K. Accounts Payable Processors with one to two decades of relevant experience report an average salary of approximately $37K. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $39K.

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Experience Affects Accounts Payable Processor Salaries




National Average
$35,000


Skills That Affect Accounts Payable Processor Salaries

Accounts Payable
0%

National Average
$35,000

Microsoft Excel
up arrow 1%

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

Microsoft Office
up arrow 2%

Accounts Receivable
up arrow 6%

Data Entry
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 56 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

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

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 62%
medical benefits
Vision: 50%
dental benefits
None: 25%
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