Accounts Payable Processor Salary

Accounts Payable Processors in the United States take home approximately $15.97 per hour on average. Location is the biggest factor affecting pay for this group, followed by years of experience. Female Accounts Payable Processors far outnumber their male contemporaries among survey respondents. While approximately one in four report receiving no health benefits, a strong majority do receive medical coverage, and the greater part have dental, as well. Most Accounts Payable Processors report high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.

$29,326 - $52,013
$29K
$40K
$52K
MEDIAN: $39,577
10%
50%
90%

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$12.76 - $20.56
$13
$16
$21
MEDIAN: $16.09
10%
50%
90%

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$0$52K
Salary $29,326 - $52,013
Bonus $484 - $4,022
Profit Sharing $814
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).
)
$27,580 - $47,275
  • Country: United States
  • Currency: USD
  • Updated: 19 Nov 2017
  • Individuals Reporting: 118
Hourly Data $0$30
Hourly Rate $12.76 - $20.56
Overtime $19.54 - $30.85
Annual Data $0$47K
Bonus $484 - $4,022
Profit Sharing $814
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).
)
$27,580 - $47,275
  • Country: United States
  • Currency: USD
  • Updated: 19 Nov 2017
  • Individuals Reporting: 319

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

  • Issue stop-payments or purchase order amendments.
  • Record, code, and process all invoices for payment.
  • Prepare, enter and maintain filing of Accounts Payable.
  • Perform timely account reconciliation by verifying entries and comparing to balances.

Common Career Paths for Accounts Payable Processor


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As Accounts Payable Processors transition into upper-level roles such as Senior Accountant, they may see a strong upturn in salary. Senior Accountants earn $60K on average per year. When Accounts Payable Processors are ready for the next step in their careers, they often become Accounts Payable Specialists or Accounts Payable Supervisors. Those roles pay an additional $2K and $10K, respectively.

Accounts Payable Processor Job Listings

Popular Skills for Accounts Payable Processor


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Accounts Receivable, Microsoft Excel, Accounts Payable, and Microsoft Office are correlated to pay that is above average. Skills that seem to negatively impact pay include Data Entry and SAP SAP Financial Accounting and Controlling. Most people skilled in Accounts Payable are similarly competent in Microsoft Office and Data Entry.

Pay by Experience Level for Accounts Payable Processor

Pay by Experience for an Accounts Payable Processor has a positive trend. An entry-level Accounts Payable Processor with less than 5 years of experience can expect to earn an average total compensation of $33,000 based on 225 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Payable Processor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 109 salaries. An experienced Accounts Payable Processor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $37,000 based on 116 salaries. An Accounts Payable Processor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $38,000 based on 48 salaries.

Pay Difference by Location

National Average: $35,983

Larger city markers indicate a job is popular in that location.

For Accounts Payable Processors, working in the bustling city of New York has its advantages, including an above-average pay rate. Accounts Payable Processors can also look forward to large paychecks in cities like San Diego (+15 percent), Chicago (+11 percent), Denver (+3 percent), and Atlanta (+3 percent). With compensation 12 percent below the national average, Louisville is not known for hefty paychecks and actually represents the lowest-paying market. Two other places where employers offer below-median salaries are San Antonio (11 percent less) and Houston (2 percent less).

Accounts Payable Processor Reviews

Q: What is it like working as an Accounts Payable Processor?

Accounts Payable Processor in Paris:
"Ok."
Pros: Its pretty laid back, I do several jobs which makes me feel good about the quality of my work. Many people come to me for help. We all have our own office which is nice for concentration.
Cons: The pay, the manager is hard to get along with and hard to please sometime. We have our own offices which makes me feel secluded from everyone and gets to me sometimes because of no other human contact for a while.

Related Job Salaries

Key Stats for Accounts Payable Processor

Gender

Female
89 %
Male
11 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 70 votes.
Less than 1 year
3%
1-4 years
43%
5-9 years
19%
10-19 years
21%
20 years or more
15%

Experience Affects Accounts Payable Processor Salaries

▲7%

▲4%

▲3%

National Average
$36,000

▼7%

Skills That Affect Accounts Payable Processor Salaries

National Average
$36,000

Microsoft Excel
▼2%

Accounts Receivable
▼2%



SAP SAP Financial Accounting and Controlling (SAP FICO)
▼4%

Data Entry
▼6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 70 votes.

Gender

Female
89 %
Male
11 %

Years of Experience

Less than 1 year
3%
1-4 years
43%
5-9 years
19%
10-19 years
21%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 61%
vision benefits
Vision: 52%
no benefits
None: 28%