Accounts Payable

Flexible Payment Methods
Pay using ACH, printable checks, email, SMS, or real-time payments.

Accounts Payable
Process payments quickly with low transaction fees.

One-Click Check Mailing
Print and mail checks on premium stock paper at an affordable cost

Multi-Account Integration
Print checks from multiple QuickBooks accounts on a single sheet.

Zil Money is a financial technology company, not a bank. Zil Money offers banking services through partnership with FDIC member banks Texas National Bank. Customers are not directly insured by the FDIC - but through the pass-through coverage of our partner banks and is conditional on proper titling, record-keeping, and custodial arrangements.

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Move Money Faster – Secure, Simple, Smart

1M+

online business
accounts

91B+

transaction
value

16M+

checks
processed

Optimizing Accounts Payable for Your Business

Businesses manage money owed for products or services. Automating this process through the platform ensures timely payments and improves cash flow.

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Accounts Payables By eChecks

Easily manage accounts payable by generating and emailing digital checks to payees. Payees can print eChecks on regular paper and deposit them like regular checks, with full tracking for added security.

Streamline Your Payments

Automated accounting software simplifies accounts payable, reducing errors, saving time, and ensuring timely bill payments while giving businesses better control over their finances.

Why Zil Money!

A technology-first approach
to payments and finance

Easy to Access

High Security

Easy Payment

All In One Mobile App

Manage all your financial transactions with ease using the mobile app. Offer multiple payment options, including ACH, wire, and eChecks, and send and receive printable checks via email.

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Frequently asked questions

FAQ Section

What are accounts payable?

Accounts payable is the amount of money you owe to another company or supplier for any purchase you made or any service they provided to you. On your balance sheet, it appears as a liability, which means you owe it. More prominent companies usually have an AP department to manage this payment and their suppliers. AP is widely used as the short form of accounts payable. Most of the time, the department pays this balance at the end of the due date to create more cash flow in the company.With Zil Money, you can make the accounts payable process as easy as possible.

Is accounts payable an asset?

Accounts Payable is not an asset. AP is a current liability on the balance sheet. That resource is an asset if your company or an individual is on any resource. An asset can be anything like manufacturing equipment or even a patent. In brief, an asset can generate cash flow, reduce expenses or make sales. Whereas AP is a liability you owe to someone, it is recorded on the right side of your balance sheet.Accounts payable can be processed quickly at lowtransaction fees using Zil Money.

Is accounts payable a debit or credit?

Accounts payable can be either your credit or debit. Regardless AP is a liability on your balance sheet. If an organization buys extra merchandise instead of paying with cash, the organization should credit AP so the credit will increment as needs be. When an organization pays its supplier the amount in the AP, it debits the AP so that its credit balance will decrease. With Zil Money, you can make the accounts payable process as easy as possible.

Accounts Payable vs Receivable

Accounts payable are the amount your organization owes to the supplier, whereas accounts receivable is the amount your customers owe to your organization. In short, AP is something others claim on you, and account receivable you something you claim on others. These look similar but mixing them up could cause a lack of balance in your accounting. Another way we can say AP is a liability on the balance sheet and accounts receivable is an asset on the left side of the balance sheet.Accounts payable can be processed quickly at low transaction fees using Zil Money.

Every Customer Review
is a Story of Trust

During a cash shortage while waiting for clients to pay me, Zil Money let me put my payroll on my credit card. It provided a bridge so my business did not suffer. It was super easy to set up and use.

01/04

Cory Edwards

Owner Edwards Holdings Realty

The most helpful part is that Zil money can be used by everyone. It's very easy to navigate. THE USER INTERFACE is very easy to learn. It solves the problem of having various accounting software separately and unable to integrate. It allows all organization seamlessly.