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The differences between accounts payable assistants and accounts receivable assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an accounts payable assistant and an accounts receivable assistant. Additionally, an accounts payable assistant has an average salary of $37,145, which is higher than the $36,730 average annual salary of an accounts receivable assistant.
The top three skills for an accounts payable assistant include data entry, purchase orders and vendor invoices. The most important skills for an accounts receivable assistant are customer service, data entry, and cash handling.
| Accounts Payable Assistant | Accounts Receivable Assistant | |
| Yearly salary | $37,145 | $36,730 |
| Hourly rate | $17.86 | $17.66 |
| Growth rate | -5% | -5% |
| Number of jobs | 31,341 | 31,748 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 49% | Bachelor's Degree, 44% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
An accounts payable assistant is responsible for monitoring the company's billing transactions, ensuring the accurate and efficient completion of the business' financial obligations. Accounts payable assistants process invoices, resolve account discrepancies, manage bank reconciliation, create expense reports, and updating account information on the company's database. They work within a team of the accounting and finance department, assisting with tax filing and audit processes as needed. An accounts payable assistant must have excellent knowledge of the financial industry and accounting principles to perform various duties, as well as doing administrative and clerical tasks as needed.
An accounts receivable assistant has a variety of duties and responsibilities, including securing revenue by verifying receipts, maintaining records by microfilming debits, credits, and invoices, and summarizing receivables by maintaining invoices and determining the validity of account discrepancies. Other duties include keeping information confidential to protect the organization's value, accomplishing the organization and accounting mission, and resolving valid and authorized deductions. As an accounts receivable assistant, you are also responsible for posting customer payments by recording credit card, cash, and check transactions.
Accounts payable assistants and accounts receivable assistants have different pay scales, as shown below.
| Accounts Payable Assistant | Accounts Receivable Assistant | |
| Average salary | $37,145 | $36,730 |
| Salary range | Between $29,000 And $46,000 | Between $29,000 And $46,000 |
| Highest paying City | Santa Cruz, CA | Boston, MA |
| Highest paying state | California | New York |
| Best paying company | Emerson College | University of California, Berkeley |
| Best paying industry | Construction | Professional |
There are a few differences between an accounts payable assistant and an accounts receivable assistant in terms of educational background:
| Accounts Payable Assistant | Accounts Receivable Assistant | |
| Most common degree | Bachelor's Degree, 49% | Bachelor's Degree, 44% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts payable assistants' and accounts receivable assistants' demographics:
| Accounts Payable Assistant | Accounts Receivable Assistant | |
| Average age | 51 | 51 |
| Gender ratio | Male, 15.2% Female, 84.8% | Male, 20.4% Female, 79.6% |
| Race ratio | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6% | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |