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The differences between accounts payable clerks and accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounts payable clerk, becoming an accountant takes usually requires 2-4 years. Additionally, an accountant has an average salary of $54,890, which is higher than the $38,333 average annual salary of an accounts payable clerk.
The top three skills for an accounts payable clerk include customer service, data entry and purchase orders. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.
| Accounts Payable Clerk | Accountant | |
| Yearly salary | $38,333 | $54,890 |
| Hourly rate | $18.43 | $26.39 |
| Growth rate | -5% | 6% |
| Number of jobs | 89,564 | 60,073 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 71% |
| Average age | 51 | 44 |
| Years of experience | 6 | 4 |
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.
An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.
Accounts payable clerks and accountants have different pay scales, as shown below.
| Accounts Payable Clerk | Accountant | |
| Average salary | $38,333 | $54,890 |
| Salary range | Between $30,000 And $48,000 | Between $41,000 And $72,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Massachusetts | New York |
| Best paying company | Jane Street | Meta |
| Best paying industry | Technology | Technology |
There are a few differences between an accounts payable clerk and an accountant in terms of educational background:
| Accounts Payable Clerk | Accountant | |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 71% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounts payable clerks' and accountants' demographics:
| Accounts Payable Clerk | Accountant | |
| Average age | 51 | 44 |
| Gender ratio | Male, 17.2% Female, 82.8% | Male, 38.2% Female, 61.8% |
| Race ratio | 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% | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |