X

Vendor Payments

Bulk

Bulk Vendor Payments

View or pay your vendor bills, in parts or full, directly from the RazorpayX Dashboard.

RazorpayX Dashboard allows you to settle the amount for multiple invoices with your vendors at once to avoid multiple bank entries.

  1. Log in to the

    RazorpayX Dashboard

    .
  2. Navigate to Vendor Payments.
  3. Click Vendors tab.

You will see a list of vendors with details such as Vendor Name, Email, Outstanding amount, Overdue amount and Last Invoice on (date).

Settle Balance

Settling the balance clears the entire outstanding amount for that particular vendor at once.

  1. Hover over the respective vendor from the list and click Settle Balance.

    Vendor Balances

  2. The total number of invoices is displayed with the total amount. Select Single payment for all invoices to make the payment for all invoices at once. You can also choose One payment per invoice in which case the payments will be made against each invoice individually.

    Vendor Balances

    Handy Tips

    • Outstanding amount is the total sum of invoices that are unpaid or partially paid to the vendor.
    • Overdue amount is the total sum of unpaid invoices past their due date.

  3. Click Proceed.

  4. Make the payout.

This is recorded as one payout in the Payouts section of the Dashboard. Select the payout and click Open Invoices under Vendor Payment Details section in the right pane to view all the invoices against which the payment was made.

You can also View payouts from the Amount Details section for a particular invoice. It calls out that the payout invoice was paid along with multiple other invoices.

You can also manually Mark as Paid if the settlement has been made via other means.

Selective Settlement

If you do not want to pay for all the invoices but only some of them, follow the steps below:

  1. Hover over the respective vendor from the list and click Review Invoice and Pay.
  2. View all the invoices associated with that particular vendor.
  3. Select the Invoices you want to pay.
  4. Click PAY NOW.
Pay Now

Vendor Advice

After the payment is made, the vendor will receive an email with an advice which displays the total amount transferred along with a .pdf attachment which lists the invoice numbers, invoice date, paid amount, TDS deducted and the total amount against which the payment was made.

  • Below is a sample image of tax advice sent over email.
Tax Advice
  • Below is a sample image of the .pdf attached to the email.
Invoice attachment

Was this page helpful?

ON THIS PAGE