Fiscal technician vs accounts payable clerk

The differences between fiscal technicians 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 fiscal technician and an accounts payable clerk. Additionally, a fiscal technician has an average salary of $38,696, which is higher than the $38,333 average annual salary of an accounts payable clerk.

The top three skills for a fiscal technician include financial reports, data entry and purchase orders. The most important skills for an accounts payable clerk are customer service, data entry, and purchase orders.

Fiscal technician vs accounts payable clerk overview

	Fiscal Technician	Accounts Payable Clerk
Yearly salary	$38,696	$38,333
Hourly rate	$18.60	$18.43
Growth rate	-5%	-5%
Number of jobs	13,384	89,564
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 46%
Average age	51	51
Years of experience	6	6

What does a fiscal technician do?

Fiscal technicians are the ones who are responsible for ensuring that there are no accounting inaccuracies for a client. They must also make sure that fraud and other discrepancies on accounts are seen and are solved. They are responsible for maintaining clean and reliable financial records by tracking transactions, doing inventories, verifying the truthfulness and accuracy of every entry, comparing folders, and keeping correct records secured.

What does an accounts payable clerk do?

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.

Fiscal technician vs accounts payable clerk salary

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

	Fiscal Technician	Accounts Payable Clerk
Average salary	$38,696	$38,333
Salary range	Between $29,000 And $50,000	Between $30,000 And $48,000
Highest paying City	Walnut, CA	Washington, DC
Highest paying state	Massachusetts	Massachusetts
Best paying company	Mt. San Antonio College	Jane Street
Best paying industry	Non Profits	Technology

Differences between fiscal technician and accounts payable clerk education

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

	Fiscal Technician	Accounts Payable Clerk
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 46%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Fiscal technician vs accounts payable clerk demographics

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

	Fiscal Technician	Accounts Payable Clerk
Average age	51	51
Gender ratio	Male, 15.8% Female, 84.2%	Male, 17.2% Female, 82.8%
Race ratio	Black or African American, 7.0% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.7% White, 67.1% 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 Percentage	7%	7%

Differences between fiscal technician and accounts payable clerk duties and responsibilities

Fiscal technician example responsibilities.

Manage finance operations of assign USPS location.
Analyze debtor and creditor ledgers and accounts daily to ensure accuracy.
Correspond with Medicaid, Medicare and insurance companies with regards to billing matters.
Keep vendor ledgers for each fiscal year and all back up documentation for invoices.
Review time reports for accuracy and complete reconciliations of retroactive payments.
Complete financial reconciliations for various accounts and assist in developing the budget and cost center analysis for management.

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.

Fiscal technician vs accounts payable clerk skills

Common fiscal technician skills

Financial Reports, 11%
Data Entry, 9%
Purchase Orders, 8%
Payroll, 8%
Word Processing, 4%
Customer Service, 4%

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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Fiscal Technician
Fiscal Technician vs Accounts Payable Clerk

Updated January 8, 2025

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