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The differences between accounts payable associates and bookkeepers 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 a bookkeeper. Additionally, a bookkeeper has an average salary of $40,337, which is higher than the $39,270 average annual salary of an accounts payable associate.
The top three skills for an accounts payable associate include customer service, data entry and purchase orders. The most important skills for a bookkeeper are payroll tax returns, customer service, and reconciliations.
| Accounts Payable Associate | Bookkeeper | |
| Yearly salary | $39,270 | $40,337 |
| Hourly rate | $18.88 | $19.39 |
| Growth rate | -5% | -5% |
| Number of jobs | 30,845 | 38,481 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 46% |
| 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.
Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work. Bookkeepers manage the entry of items in the general ledger, assign items into their proper categories, and ensure that the entries are balanced. They also act as auditors by checking the accuracy and veracity of the receipts or vouchers in their possession before entering them into the system. Bookkeepers ensure that their files are up to date and free of errors.
Accounts payable associates and bookkeepers have different pay scales, as shown below.
| Accounts Payable Associate | Bookkeeper | |
| Average salary | $39,270 | $40,337 |
| Salary range | Between $31,000 And $49,000 | Between $30,000 And $52,000 |
| Highest paying City | Cambridge, MA | Washington, DC |
| Highest paying state | Alaska | New York |
| Best paying company | Accenture | NTT Data International L.L.C. |
| Best paying industry | Construction | Manufacturing |
There are a few differences between an accounts payable associate and a bookkeeper in terms of educational background:
| Accounts Payable Associate | Bookkeeper | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 46% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts payable associates' and bookkeepers' demographics:
| Accounts Payable Associate | Bookkeeper | |
| Average age | 51 | 51 |
| Gender ratio | Male, 20.6% Female, 79.4% | Male, 15.4% Female, 84.6% |
| 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, 6.6% White, 67.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |