Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between payroll processors and accounts receivable clerks can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a payroll processor, becoming an accounts receivable clerk takes usually requires 4-6 years. Additionally, a payroll processor has an average salary of $44,307, which is higher than the $36,425 average annual salary of an accounts receivable clerk.
The top three skills for a payroll processor include customer service, data entry and ADP. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.
| Payroll Processor | Accounts Receivable Clerk | |
| Yearly salary | $44,307 | $36,425 |
| Hourly rate | $21.30 | $17.51 |
| Growth rate | -3% | -5% |
| Number of jobs | 11,795 | 87,935 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 36% |
| Average age | 48 | 51 |
| Years of experience | 4 | 6 |
A payroll processor is an individual who processes the payroll of employees for an organization by validating work hours and attendance of employees. Payroll processors must research for discrepancies in payroll information and documentation before processing them, as well as calculate payroll deductions. They assist payroll processing clerks and other team members with all the processes that are related to payroll. The payroll processor must also edit payroll worksheets for the data entry department as well as audit bonus payments for reporting.
An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.
Payroll processors and accounts receivable clerks have different pay scales, as shown below.
| Payroll Processor | Accounts Receivable Clerk | |
| Average salary | $44,307 | $36,425 |
| Salary range | Between $33,000 And $58,000 | Between $29,000 And $45,000 |
| Highest paying City | San Francisco, CA | Boston, MA |
| Highest paying state | New Jersey | Massachusetts |
| Best paying company | Venable | IBM |
| Best paying industry | Finance | Finance |
There are a few differences between a payroll processor and an accounts receivable clerk in terms of educational background:
| Payroll Processor | Accounts Receivable Clerk | |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 36% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between payroll processors' and accounts receivable clerks' demographics:
| Payroll Processor | Accounts Receivable Clerk | |
| Average age | 48 | 51 |
| Gender ratio | Male, 16.1% Female, 83.9% | Male, 13.7% Female, 86.3% |
| Race ratio | Black or African American, 9.6% Unknown, 6.1% Hispanic or Latino, 18.2% Asian, 6.0% White, 58.6% American Indian and Alaska Native, 1.5% | 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 | 10% | 7% |