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The differences between accounts payable associates 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 associate and an accounts receivable clerk. Additionally, an accounts payable associate has an average salary of $39,270, which is higher than the $36,425 average annual salary of an accounts receivable clerk.
The top three skills for an accounts payable associate include customer service, data entry and purchase orders. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.
| Accounts Payable Associate | Accounts Receivable Clerk | |
| Yearly salary | $39,270 | $36,425 |
| Hourly rate | $18.88 | $17.51 |
| Growth rate | -5% | -5% |
| Number of jobs | 30,845 | 87,935 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 36% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
An accounts payable associate is primarily responsible for processing bills and payments for a company, ensuring accuracy and timeliness. Moreover, they are also responsible for maintaining records of all transactions, liaising with external agencies, coordinating with different departments to gather data, receiving and monitoring invoices, and obtaining approval from managers or supervisors when it comes to payments as needed. An accounts payable associate may also produce financial reports and statements, create presentations, train new members of the workforce, and assist audits, all while adhering to the company's policies and regulations.
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 associates and accounts receivable clerks have different pay scales, as shown below.
| Accounts Payable Associate | Accounts Receivable Clerk | |
| Average salary | $39,270 | $36,425 |
| Salary range | Between $31,000 And $49,000 | Between $29,000 And $45,000 |
| Highest paying City | Cambridge, MA | Boston, MA |
| Highest paying state | Alaska | Massachusetts |
| Best paying company | Accenture | IBM |
| Best paying industry | Construction | Finance |
There are a few differences between an accounts payable associate and an accounts receivable clerk in terms of educational background:
| Accounts Payable Associate | Accounts Receivable Clerk | |
| Most common degree | Bachelor's Degree, 50% | 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 associates' and accounts receivable clerks' demographics:
| Accounts Payable Associate | Accounts Receivable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 20.6% Female, 79.4% | Male, 13.7% Female, 86.3% |
| Race ratio | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% 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% |