Career Questions and Answers
GL Accountant vs Accounts Payable?
Asked by John Arkan
Is there a big difference between these two positions? Also if an Accounts Payable person wanted to move to GL would it be hard?
A:
Best Answer:
General Ledger deals with credits and debts and hardcore accounting....AP may or may not encompass all of these ideals, or may be more admin asst role. I think you should look at the job descriptions and see if GL would be over your head.
A:
no not really
Answered by the queen
A:
AP is data entry with a familiarity of the SW used by accounting departments - experience or degree
GL requires a broader, more experienced background in accounting theory - degree
AP positions (depending on years of experience) deliver around 12-17 per hour whereas GL positions are usually salaried or starting at 20+ per hour for consultants
Hope this helps
-AP girl
Answered by pumuckl_08
A:
The others have given an idea of the differences; there are some things that I would like to add.
Depending on the responsibilities and size of the organization, an AP person may also work on managing the cash flow/discounts - for example, paying early to those vendors who offer discount terms. The AP position will tend to be more individual transaction oriented - for example, verifying line items on invoices for correctness.
The GL position will consolidate AP information, AR, payroll, and other areas into accounts; it is a logical career path at some point. To move there, I would work beyond the comfort zone of strictly AP; learn how the company reports the income into the GL accounts; try to help with questions/issues regarding those postings. Learn your monthly and other financial cycles and how your work feeds in. Make a pal or two in the GL group; ask good questions. Take some additional accounting courses; you can't get a CPA without time in a public accounting firm, but you may want to look at CMA which is certified management accountant, which is a good designation.
Answered by magdarra
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