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How to Create a Credit Memo?Â
With Zil Money, credit memos can be created within seconds easily.
1. Log into Zil Money with your registered email and password.
2. Click “Invoice” in the receivables section.
3. On the new window, click on Credit Memo.
4. Click” + New” to create new credit memos.
5. Select your bank account and payee.
6. Select the date the credit memo is created. Then, add the credit memo number.
7. Add the item for which the credit memo is created.Â
8. Mention the quantity of items and unit cost.
9. Click “+ Add” and the credit memo will be created.
When you issue an invoice to this customer next time, it reminds you automatically of the credit you added to apply or extend to the next invoice.
Features at Your Fingertips
From accounts payable and receivable functionalities to comprehensive online payment and beneficial integrations, Zil Money can meet the payment management requirements of all types of businesses.
Check Printing
Drag and drop to instantly create checks & print using any printer.
Pay By Credit Card
Use credit cards even when your vendors don't accept them.
ACH Payment
Make one-time or recurring ACH/RTP payments in one click.
Wire Transfers
Send money electronically from one financial institution to another.
Bill Pay
Pay & schedule bills online, managing supplier payments & reducing risk.
Digital Checks
Digitize your paper checks and make your payments via email or text.
Software Integrations
Integrate Zil Money with your accounting and payroll software.
Cloud Bank
Open an online checking account with Zil Money. Streamline payment management & save.
Payment Link
Create and send a secure URL for customers to make online payments easily.
Online Invoice Generator
Create high-quality invoices and send them to your clients digitally with Zil Money. Users can create invoices with a few clicks with the user-friendly interface. You can also include a payment link with the invoice, which the customer can use to pay you. This is a convenient option for the payer and the payee.
The invoice maker can help businesses simplify their invoicing process, eliminate mistakes, save time, and improve cash flow.
Why You Need a Credit Memo?Â
Zil Money makes it easier to make credit notes for various situations, such as product returns, price disputes, marketing allowances, and more. Zil Money ensures businesses can quickly and easily issue credit notes when customers can only pay part of the invoice. With Zil Money’s easy-to-use tool, you can easily handle various credit situations.
Keeping Track of a Credit Memo
Zil Money makes it easier to keep track of credit memos, which makes paying for them easier. When a credit note is issued, sellers lower their accounts receivable, and buyers lower their accounts payable. Zil Money makes it easy to keep track of credit memos in a structured way, which promotes honesty and correct financial information.
FREQUENTLY ASKED QUESTIONS
What is a Credit Memo?
How to Create a Credit Memo?
What is a Credit Memo Used For?
Credit Memo vs Debit Memo
PRECIOUS REVIEWS FROM
OUR CUSTOMERS
During a brief shortage 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.
Greg Forrest
Owner of Spherion Staffing & Recruiting
Best partner of your life! Zil Money is my new bestfriend!
Sharmaine Buen Maloloy-on
Sales Account Manager at Bigleap Technologies Inc
Looking for better options for your business? Zil Money accompanies you.
Sergio Alvarado Garcia
Community Manager at
Rebeca Nails Art
I enjoy using Zil Money for 3 key reasons. Record keeping, as it keeps a database of the checks each unique user has loaded. Being able to navigate and cut checks from different bank accounts. Pulling up the 1099s at the end of the year for vendors and ensuring all of the checks we cut to them can be easily accessed and a number is given.
Alonso Noriega
Accounting Manager at LT Property Management LLC
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