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Deposit clerk vs accounts payable clerk

The differences between deposit 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 deposit clerk and an accounts payable clerk. Additionally, an accounts payable clerk has an average salary of $38,333, which is higher than the $31,146 average annual salary of a deposit clerk.

The top three skills for a deposit clerk include administrative tasks, tax returns and check amounts. The most important skills for an accounts payable clerk are customer service, data entry, and purchase orders.

Deposit clerk vs accounts payable clerk overview

Deposit ClerkAccounts Payable Clerk
Yearly salary$31,146$38,333
Hourly rate$14.97$18.43
Growth rate-5%-5%
Number of jobs66,43489,564
Job satisfaction--
Most common degreeHigh School Diploma, 32%Bachelor's Degree, 46%
Average age5151
Years of experience66

Deposit clerk vs accounts payable clerk salary

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

Deposit ClerkAccounts Payable Clerk
Average salary$31,146$38,333
Salary rangeBetween $25,000 And $37,000Between $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 deposit clerk and accounts payable clerk education

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

Deposit ClerkAccounts Payable Clerk
Most common degreeHigh School Diploma, 32%Bachelor's Degree, 46%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Deposit clerk vs accounts payable clerk demographics

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

Deposit ClerkAccounts Payable Clerk
Average age5151
Gender ratioMale, 18.6% Female, 81.4%Male, 17.2% Female, 82.8%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.3% 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 deposit clerk and accounts payable clerk duties and responsibilities

Deposit clerk example responsibilities.

  • Manage finance operations of assign USPS location.
  • Comply with IRS rules and guidelines.
  • Post ATM transactions, debit and credit accounts accordingly.
  • Balance branch ATM's with frequent telephone interaction with the bank personnel in the same manner as the retail machines.
  • Researched/Post payments not process by Lockbox and prepare nightly deposits.
  • Maintain payroll operations by following policies and procedures; reporting need changes and requesting approvals before payrolls are released.
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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.
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Deposit clerk vs accounts payable clerk skills

Common deposit clerk skills
  • Administrative Tasks, 20%
  • Tax Returns, 16%
  • Check Amounts, 13%
  • IRS, 12%
  • Treasury, 8%
  • Credit Card Payments, 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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