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Frequently Asked Questions

What are the duties of Accounts Payable manager?

In almost all cases, the job description of an accounts payable manager includes oversight of payroll processes and vendor payments. Large companies generally have a separate department that is fully staffed with accounting clerks and bookkeepers devoted to processing payroll and issuing payments to vendors.

What is the salary of accounts payable specialist?

As of Dec 19, 2020, the average annual pay for an Accounts Payable Specialist in the United States is $41,149 a year. Just in case you need a simple salary calculator, that works out to be approximately $19.78 an hour. This is the equivalent of $791/week or $3,429/month.

What are the basics of accounts payable?

"Accounts payable" (AP) is a term that refers to the money that a person or business must pay to its creditors within a certain period of time. It is the unpaid invoices, bills or statements for goods or services rendered by outside contractors, vendors or suppliers. These debts often must be paid — either partially or in full — each month.

How do I become Accounts Payable manager?

How to Become an Accounts Payable Manager. The qualifications that you need to start a career as an accounts payable manager often include experience in a financial field, management skills, and a bachelor's or master's degree in accounting or finance. Some employers may accept experience instead of a degree. You can gain the skills and experience you need to become an accounts payable manager by holding an entry-level position in a payroll department.


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