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The differences between bookkeepers and account payables analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a bookkeeper and an account payables analyst. Additionally, an account payables analyst has an average salary of $54,356, which is higher than the $40,337 average annual salary of a bookkeeper.
The top three skills for a bookkeeper include payroll tax returns, customer service and reconciliations. The most important skills for an account payables analyst are customer service, data entry, and purchase orders.
| Bookkeeper | Account Payables Analyst | |
| Yearly salary | $40,337 | $54,356 |
| Hourly rate | $19.39 | $26.13 |
| Growth rate | -5% | -5% |
| Number of jobs | 38,481 | 73,985 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 63% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work. Bookkeepers manage the entry of items in the general ledger, assign items into their proper categories, and ensure that the entries are balanced. They also act as auditors by checking the accuracy and veracity of the receipts or vouchers in their possession before entering them into the system. Bookkeepers ensure that their files are up to date and free of errors.
An accounts payable analyst is primarily responsible for managing and processing invoices and payments, ensuring accuracy and timeliness. They are also responsible for coordinating with various departments to obtain and acquire data and invoices, submitting payments to external vendors and suppliers, identifying errors and inconsistencies, and providing corrective measures. One may also perform clerical tasks such as producing progress reports and presentations, managing schedules, addressing issues and concerns through calls and correspondence, and resolving them promptly and efficiently.
Bookkeepers and account payables analysts have different pay scales, as shown below.
| Bookkeeper | Account Payables Analyst | |
| Average salary | $40,337 | $54,356 |
| Salary range | Between $30,000 And $52,000 | Between $39,000 And $74,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New York | New York |
| Best paying company | NTT Data International L.L.C. | SMTC |
| Best paying industry | Manufacturing | Energy |
There are a few differences between a bookkeeper and an account payables analyst in terms of educational background:
| Bookkeeper | Account Payables Analyst | |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 63% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between bookkeepers' and account payables analysts' demographics:
| Bookkeeper | Account Payables Analyst | |
| Average age | 51 | 51 |
| Gender ratio | Male, 15.4% Female, 84.6% | Male, 26.3% Female, 73.7% |
| Race ratio | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6% | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |