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The differences between accounts payable clerks and accounts receivable specialists 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 accounts receivable specialist takes usually requires 6-12 months. Additionally, an accounts receivable specialist has an average salary of $39,873, 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 accounts receivable specialist are customer service, patients, and data entry.
| Accounts Payable Clerk | Accounts Receivable Specialist | |
| Yearly salary | $38,333 | $39,873 |
| Hourly rate | $18.43 | $19.17 |
| Growth rate | -5% | -8% |
| Number of jobs | 89,564 | 61,988 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 45% |
| Average age | 51 | 46 |
| Years of experience | 6 | 12 |
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.
Accounts receivable specialists are members of the organization's finance or accounting department. They are responsible for managing the collection of payments for the company. They prepare official receipts and coordinate with account payable specialists from other companies with pending payables. They ensure that clients pay on time, and they also follow up on payments when necessary. They are responsible for checking whether the clients have already paid in full. Accounts receivable specialists are in charge of updating accounting records as well to ensure that client records are up to date.
Accounts payable clerks and accounts receivable specialists have different pay scales, as shown below.
| Accounts Payable Clerk | Accounts Receivable Specialist | |
| Average salary | $38,333 | $39,873 |
| Salary range | Between $30,000 And $48,000 | Between $31,000 And $50,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Massachusetts | Connecticut |
| Best paying company | Jane Street | InfosysPublicService |
| Best paying industry | Technology | Technology |
There are a few differences between an accounts payable clerk and an accounts receivable specialist in terms of educational background:
| Accounts Payable Clerk | Accounts Receivable Specialist | |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 45% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between accounts payable clerks' and accounts receivable specialists' demographics:
| Accounts Payable Clerk | Accounts Receivable Specialist | |
| Average age | 51 | 46 |
| Gender ratio | Male, 17.2% Female, 82.8% | Male, 18.2% Female, 81.8% |
| 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, 12.9% Unknown, 4.2% Hispanic or Latino, 19.0% Asian, 3.9% White, 59.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 8% |