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Accounts Payable Processor Salary (United States)

Accounts Payable Processors in the United States can typically expect wages of $15.07 per hour. Career length is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and a majority earn dental coverage. The vast majority of Accounts Payable Processors (86 percent) are women. Most Accounts Payable Processors like their work and job satisfaction is high. Respondents to the PayScale salary survey provided the data for this report.
Accounts Payable Processor Salary (?
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.
)
$25,764 - $46,458
(Median)
26K
30K
36K
42K
46K
MEDIAN: $35,965
10%
25%
50%
75%
90%
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Accounts Payable Processor Salary (?
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.
)
$11.73 - $19.77
(Median)
12
15
17
20
MEDIAN: $15.00
10%
50%
75%
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
$25,764 - $46,458  
   
Bonus
$0.00 - $2,406  
Profit Sharing
$150.00 - $3,000  
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).
)
$25,061 - $44,213  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 206
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
$11.73 - $19.77  
   
Overtime
$15.15 - $28.70  
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 - $2,406  
   
Profit Sharing
$150.00 - $3,000  
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).
)
$25,061 - $44,213  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 443
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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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For Accounts Payable Processors, career progression typically leads to a rather large increase in compensation. Usually, an upper-level role like an Accounts Payable Supervisor will earn $44K annually. Accounts Payable Processors most often move into positions as Staff Accountants or Accounts Payable Managers; those groups report median salaries that are $10K higher and $10K higher, respectively.

Accounts Payable Clerk Job Listings

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Popular Skills for Accounts Payable Processor

Accounts Payable Processors usually report a few specific skills. Most notably, skills in Microsoft Office, Microsoft Excel, Accounts Payable, and Data Entry are correlated to pay that is above average. Skills that seem to negatively impact pay include 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.
More years of relevant experience do not necessarily translate to higher paychecks. 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. For Accounts Payable Processors, 10 to 20 years of experience on the job amounts to an average salary of $36K. People who have worked for more than 20 years report a median income of $37K, which is barely higher than the median for folks with 10 to 20 years of experience. Workers in this area tend to have one to nine years of experience. Experienced employees who have 10-20 years of experience make up about a fifth of the workforce; inexperienced individuals who have been working for less than one year comprise less than five percent, and senior people with more than 20 years under their belt fill out the remaining less than one in ten.

Pay Difference By Location

Chicago
up arrow 18%
Houston
up arrow 17%
Los Angeles
up arrow 11%
Indianapolis
up arrow 11%
Denver
up arrow 9%
National Average
$33,000
Larger circles over a city indicate a job is popular in that location.
Surpassing the national average by 18 percent, Accounts Payable Processors in Chicago receive some of the highest pay in the country. Accounts Payable Processors can also look forward to large paychecks in cities like Houston (+17 percent), Los Angeles (+11 percent), Indianapolis (+11 percent), and Denver (+9 percent).

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Experience Affects Accounts Payable Processor Salaries

Experienced
up arrow 7%
Mid-Career
0%
National Average
$33,000
Entry-Level
up arrow 5%

Skills That Affect Accounts Payable Processor Salaries

Microsoft Office
up arrow 13%
Microsoft Excel
up arrow 1%
Accounts Payable
0%
National Average
$33,000
Data Entry
up arrow 4%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 129 votes.

Gender

Female
86%
female alumni
 
Male
14%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
39%
5-9 years
27%
10-19 years
21%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 78% dental benefits Dental: 60%
vision benefits Vision: 47% employee benefits None: 19%