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The differences between accounts payable assistants and accounts receivable clerks 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 clerk. Additionally, an accounts payable assistant has an average salary of $37,145, which is higher than the $36,425 average annual salary of an accounts receivable clerk.
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 clerk are customer service, data entry, and collection calls.
| Accounts Payable Assistant | Accounts Receivable Clerk | |
| Yearly salary | $37,145 | $36,425 |
| Hourly rate | $17.86 | $17.51 |
| Growth rate | -5% | -5% |
| Number of jobs | 31,341 | 87,935 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 49% | Bachelor's Degree, 36% |
| 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 Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.
Accounts payable assistants and accounts receivable clerks have different pay scales, as shown below.
| Accounts Payable Assistant | Accounts Receivable Clerk | |
| Average salary | $37,145 | $36,425 |
| Salary range | Between $29,000 And $46,000 | Between $29,000 And $45,000 |
| Highest paying City | Santa Cruz, CA | Boston, MA |
| Highest paying state | California | Massachusetts |
| Best paying company | Emerson College | IBM |
| Best paying industry | Construction | Finance |
There are a few differences between an accounts payable assistant and an accounts receivable clerk in terms of educational background:
| Accounts Payable Assistant | Accounts Receivable Clerk | |
| Most common degree | Bachelor's Degree, 49% | Bachelor's Degree, 36% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts payable assistants' and accounts receivable clerks' demographics:
| Accounts Payable Assistant | Accounts Receivable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 15.2% Female, 84.8% | Male, 13.7% Female, 86.3% |
| 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, 6.5% White, 67.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |