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The differences between accounts payable clerks 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 clerk and an accounts receivable clerk. Additionally, an accounts payable clerk has an average salary of $38,333, which is higher than the $36,425 average annual salary of an accounts receivable clerk.
The top three skills for an accounts payable clerk 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 Clerk | Accounts Receivable Clerk | |
| Yearly salary | $38,333 | $36,425 |
| Hourly rate | $18.43 | $17.51 |
| Growth rate | -5% | -5% |
| Number of jobs | 89,564 | 87,935 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 36% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
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 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 clerks and accounts receivable clerks have different pay scales, as shown below.
| Accounts Payable Clerk | Accounts Receivable Clerk | |
| Average salary | $38,333 | $36,425 |
| Salary range | Between $30,000 And $48,000 | Between $29,000 And $45,000 |
| Highest paying City | Washington, DC | Boston, MA |
| Highest paying state | Massachusetts | Massachusetts |
| Best paying company | Jane Street | IBM |
| Best paying industry | Technology | Finance |
There are a few differences between an accounts payable clerk and an accounts receivable clerk in terms of educational background:
| Accounts Payable Clerk | Accounts Receivable Clerk | |
| Most common degree | Bachelor's Degree, 46% | 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 clerks' and accounts receivable clerks' demographics:
| Accounts Payable Clerk | Accounts Receivable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 17.2% Female, 82.8% | Male, 13.7% Female, 86.3% |
| 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, 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% |