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The differences between account receivable associates and accounts payable clerks can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become an account receivable associate, becoming an accounts payable clerk takes usually requires 4-6 years. Additionally, an account receivable associate has an average salary of $43,252, which is higher than the $38,333 average annual salary of an accounts payable clerk.
The top three skills for an account receivable associate include customer service, data entry and patients. The most important skills for an accounts payable clerk are customer service, data entry, and purchase orders.
| Account Receivable Associate | Accounts Payable Clerk | |
| Yearly salary | $43,252 | $38,333 |
| Hourly rate | $20.79 | $18.43 |
| Growth rate | -8% | -5% |
| Number of jobs | 79,264 | 89,564 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 46% |
| Average age | 46 | 51 |
| Years of experience | 12 | 6 |
An account receivable associate is responsible for collecting and posting client payments for the company's services, recording system transactions timely, and reaching out to clients for outstanding bills. Account receivable associates settle accurate receipts for records, resolve payment discrepancies, and handle other related financial transactions. They also create comprehensive financial reports to the supervisor for review and submission to the senior management. An account receivable associate reviews contract agreements and discusses payment terms with the clients.
An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.
Account receivable associates and accounts payable clerks have different pay scales, as shown below.
| Account Receivable Associate | Accounts Payable Clerk | |
| Average salary | $43,252 | $38,333 |
| Salary range | Between $29,000 And $63,000 | Between $30,000 And $48,000 |
| Highest paying City | Wallingford, CT | Washington, DC |
| Highest paying state | Connecticut | Massachusetts |
| Best paying company | Alvarez & Marsal | Jane Street |
| Best paying industry | Technology | Technology |
There are a few differences between an account receivable associate and an accounts payable clerk in terms of educational background:
| Account Receivable Associate | Accounts Payable Clerk | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 46% |
| Most common major | Business | Accounting |
| Most common college | - | University of Pennsylvania |
Here are the differences between account receivable associates' and accounts payable clerks' demographics:
| Account Receivable Associate | Accounts Payable Clerk | |
| Average age | 46 | 51 |
| Gender ratio | Male, 23.5% Female, 76.5% | Male, 17.2% Female, 82.8% |
| Race ratio | Black or African American, 14.3% Unknown, 4.0% Hispanic or Latino, 18.3% Asian, 3.5% White, 59.4% American Indian and Alaska Native, 0.5% | Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 8% | 7% |