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Balance clerk vs accounts payable clerk

The differences between balance clerks and accounts payable clerks 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 clerk. Additionally, an accounts payable clerk has an average salary of $38,333, which is higher than the $37,281 average annual salary of a balance clerk.

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

Balance clerk vs accounts payable clerk overview

Balance ClerkAccounts Payable Clerk
Yearly salary$37,281$38,333
Hourly rate$17.92$18.43
Growth rate-5%-5%
Number of jobs66,37789,564
Job satisfaction--
Most common degreeBachelor's Degree, 31%Bachelor's Degree, 46%
Average age5151
Years of experience66

Balance clerk vs accounts payable clerk salary

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

Balance ClerkAccounts Payable Clerk
Average salary$37,281$38,333
Salary rangeBetween $29,000 And $46,000Between $30,000 And $48,000
Highest paying City-Washington, DC
Highest paying state-Massachusetts
Best paying company-Jane Street
Best paying industry-Technology

Differences between balance clerk and accounts payable clerk education

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

Balance ClerkAccounts Payable Clerk
Most common degreeBachelor's Degree, 31%Bachelor's Degree, 46%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Balance clerk vs accounts payable clerk demographics

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

Balance ClerkAccounts Payable Clerk
Average age5151
Gender ratioMale, 21.1% Female, 78.9%Male, 17.2% Female, 82.8%
Race ratioBlack 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, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between balance clerk and accounts payable clerk 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 clerk example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Match, code, and process vendor payments via MAS90 accounting system - including check runs and ACH payments.
  • Perform duties in compliance with GAAP, company and department policies and procedures, internal controls, and Sarbanes-Oxley requirements.
  • Process division payroll in coordination with ADP payroll systems for semi-monthly and weekly union contract employees.
  • Scan and store documents daily, retrieve W2 and W9 information along with service provider agreements when or if need.
  • Print, review, research, edit, code and batch invoices for processing via the various ERP financial systems.
    • Show more

Balance clerk vs accounts payable clerk 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 clerk skills
  • Customer Service, 13%
  • Data Entry, 10%
  • Purchase Orders, 8%
  • Expense Reports, 6%
  • Vendor Invoices, 6%
  • Vendor Statements, 5%

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Updated January 8, 2025

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