Balance clerk vs accounts payable assistant

The differences between balance clerks and accounts payable assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a balance clerk and an accounts payable assistant. Additionally, a balance clerk has an average salary of $37,281, which is higher than the $37,145 average annual salary of an accounts payable assistant.

The top three skills for a balance clerk include data entry, bank deposits and check images. The most important skills for an accounts payable assistant are data entry, purchase orders, and vendor invoices.

Balance clerk vs accounts payable assistant overview

	Balance Clerk	Accounts Payable Assistant
Yearly salary	$37,281	$37,145
Hourly rate	$17.92	$17.86
Growth rate	-5%	-5%
Number of jobs	66,377	31,341
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 31%	Bachelor's Degree, 49%
Average age	51	51
Years of experience	6	6

Balance clerk vs accounts payable assistant salary

Balance clerks and accounts payable assistants have different pay scales, as shown below.

	Balance Clerk	Accounts Payable Assistant
Average salary	$37,281	$37,145
Salary range	Between $29,000 And $46,000	Between $29,000 And $46,000
Highest paying City	-	Santa Cruz, CA
Highest paying state	-	California
Best paying company	-	Emerson College
Best paying industry	-	Construction

Differences between balance clerk and accounts payable assistant education

There are a few differences between a balance clerk and an accounts payable assistant in terms of educational background:

	Balance Clerk	Accounts Payable Assistant
Most common degree	Bachelor's Degree, 31%	Bachelor's Degree, 49%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Balance clerk vs accounts payable assistant demographics

Here are the differences between balance clerks' and accounts payable assistants' demographics:

	Balance Clerk	Accounts Payable Assistant
Average age	51	51
Gender ratio	Male, 21.1% Female, 78.9%	Male, 15.2% Female, 84.8%
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, 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%

Differences between balance clerk and accounts payable assistant duties and responsibilities

Balance clerk example responsibilities.

Manage multiple deadlines for numerous payroll divisions and complex division budget reports with accurately and efficiently.
Maintain and provide timely and accurate reconciliations of various general ledger accounts and perform special projects as assigned.
Reconcile and balance multi-million dollar business & individual accounts, using QuickBooks.

Accounts payable assistant example responsibilities.

Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Issue weekly payments to vendors by check, ACH, domestic wire, and international wire in USD and other currencies.
Assist in accounts payable/receivable including check deposits, credit card payments, ACH payments, credits, check runs, etc.
Compose effective accounting reports summarizing accounts payable data using QuickBooks.
Prepare payroll for salary and hourly personnel, including necessary reports for regulatory bodies.
Respond to payroll accounting inquires; provide resolution, information, or direction accordingly.

Balance clerk vs accounts payable assistant skills

Common balance clerk skills

Data Entry, 21%
Bank Deposits, 15%
Check Images, 14%
Credit Balances, 10%
Customer Accounts, 7%
Financial Institutions, 6%

Common accounts payable assistant skills

Data Entry, 15%
Purchase Orders, 10%
Vendor Invoices, 9%
Payroll, 6%
Vendor Statements, 5%
Financial Reports, 4%

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Balance Clerk
Balance Clerk vs Accounts Payable Assistant

Updated January 8, 2025

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