Home > Salary > Latvia > Accounts Payable Processor
An accounts payable processor is responsible for managing and processing financial transactions within an organization. Their main role includes reviewing invoices, verifying accuracy of information, and ensuring timely payments to vendors and suppliers. They are also responsible for reconciling accounts, resolving any discrepancies, and maintaining accurate records of financial transactions. Additionally, they may assist in preparing financial reports, analyzing data, and providing support during audits.
Estimated Yearly Salary: 16,024 EUR
Estimated Monthly Salary: 1,335 EUR
Estimated Weekly Salary: 308 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,289 EUR
Estimated Weekly Salary: 297 EUR per week
Estimated Hourly Salary: 7 EUR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 15,955 USD
Estimated Monthly Salary: 1,330 USD
Estimated Weekly Salary: 307 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 16,024 EUR
Estimated Monthly Salary: 1,335 EUR
Estimated Weekly Salary: 308 EUR per week
Estimated Hourly Salary: 8 EUR per hour
By working as Accounts Payable Processor a person can save up to 470 USD per month or 5,635 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Estimated Yearly Salary for Accounts Payable Processor
Last revision of data: 2025-01-04
Data as of 2025
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Accounts Payable Processor salary in Latvia
Average Yearly Salary of Accounts Payable Processor in Latvia is approximately 16,024 EUR (15,955 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Accounts Payable Processor do?
An accounts payable processor is responsible for managing and processing financial transactions within an organization. Their main role includes reviewing invoices, verifying accuracy of information, and ensuring timely payments to vendors and suppliers. They are also responsible for reconciling accounts, resolving any discrepancies, and maintaining accurate records of financial transactions. Additionally, they may assist in preparing financial reports, analyzing data, and providing support during audits.
Skills: Accounts Payable, Financial Transactions, Invoices, Vendor Payments, Reconciliation, Financial Reporting
Job industry: Accounting
Job industry: Accounting
How much does Accounts Payable Processor make?
Salary details
How much does Accounts Payable Processor make?Estimated Yearly Salary: 16,024 EUR
Estimated Monthly Salary: 1,335 EUR
Estimated Weekly Salary: 308 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 15,467 EUREstimated Monthly Salary: 1,289 EUR
Estimated Weekly Salary: 297 EUR per week
Estimated Hourly Salary: 7 EUR per hour
Last revision of data: 2024-01-08Accounts Payable Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 15,955 USD
Estimated Monthly Salary: 1,330 USD
Estimated Weekly Salary: 307 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Accounts Payable Processor job salary compared to average salary in Latvia.
Comparison shows that a person working as Accounts Payable Processor in Latvia earns on average:
0.82 times the average salary (or 82% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Accounts Payable Processor job salary compared to average salary in Latvia.
Comparison shows that a person working as Accounts Payable Processor in Latvia earns on average:
0.82 times the average salary (or 82% of average salary).
Is Accounts Payable Processor a well paid job?
Yes, our data show that Accounts Payable Processor is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Accounts Payable Processor?
High salary for Accounts Payable Processor would be somewhere between 17,626 EUR and 23,235 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Accounts Payable Processor in Latvia?
Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 16,024 EUR
Estimated Monthly Salary: 1,335 EUR
Estimated Weekly Salary: 308 EUR per week
Estimated Hourly Salary: 8 EUR per hour
By working as Accounts Payable Processor a person can save up to 470 USD per month or 5,635 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Accounts Payable Processor
Estonia is 20,628 USD
Russia is 9,586 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Medicaid billing clerk (12,401 EUR per year, pre-tax.)
Robotics engineer (29,348 EUR per year, pre-tax.)
Senior project manager engineering (49,448 EUR per year, pre-tax.)
Event coordinator (13,311 EUR per year, pre-tax.)
Life enrichment coordinator (9,508 EUR per year, pre-tax.)
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