What is Vendor Payments ?
What is Vendor Payments ?
RazorpayX Vendor Payments is an end-to-end account payable automation tool.
You add, track and make vendor payouts and automate TDS payments on the NSDL website for you to save time and effort
How can I pay my vendors through vendor payments ?
How can I pay my vendors through vendor payments ?
RazorpayX Vendor Payments makes it easy for you to pay vendors and supplier invoices in 3 easy steps.
Once you upload an invoice in the tool, details like invoice numbers, amount payables and due date are automatically captured and recorded in the tool. You will be reminded when it’s time to make the payment. You can instantly transfer funds via NEFT, RTGS, IMPS, and UPI through the dashboard.
How can I deduct TDS ?
You can configure TDS categories either at vendor level or invoice level. Vendor Payments app will automatically calculate the TDS deduction and account payable to the vendor.
The TDS deducted at each invoice is aggregated at a TDS category level and will be paid at the end of the month.
Who will make the TDS payment to the government ?
Who will make the TDS payment to the government ?
RazorpayX will automatically pay aggregated TDS to the government on your behalf at the end of each month. TDS challans will be available on your dashboard for auditing and tax-filing purposes.
Can I track invoices which are paid through cash and cheque ?
Can I track invoices which are paid through cash and cheque ?
Yes, you can mark the invoices paid as cash/cheque.
This allows you to track all your invoices in a single place. You can also choose to deduct TDS, which will be added to the TDS payment due for the current month.
How can I provide details to my CA for bookkeeping ?
How can I provide details to my CA for bookkeeping ?
You can either provide login credentials for your Chartered Accountant to access the invoices and payments records or take an export of the invoice payments and send them to your CA.
What is Vendor Payments ?
RazorpayX Vendor Payments is an end-to-end account payable automation tool.
You add, track and make vendor payouts and automate TDS payments on the NSDL website for you to save time and effort
How can I pay my vendors through vendor payments ?
RazorpayX Vendor Payments makes it easy for you to pay vendors and supplier invoices in 3 easy steps.
Once you upload an invoice in the tool, details like invoice numbers, amount payables and due date are automatically captured and recorded in the tool. You will be reminded when it’s time to make the payment. You can instantly transfer funds via NEFT, RTGS, IMPS, and UPI through the dashboard.
You can configure TDS categories either at vendor level or invoice level. Vendor Payments app will automatically calculate the TDS deduction and account payable to the vendor.
The TDS deducted at each invoice is aggregated at a TDS category level and will be paid at the end of the month.
Who will make the TDS payment to the government ?
RazorpayX will automatically pay aggregated TDS to the government on your behalf at the end of each month. TDS challans will be available on your dashboard for auditing and tax-filing purposes.
Can I track invoices which are paid through cash and cheque ?
Yes, you can mark the invoices paid as cash/cheque.
This allows you to track all your invoices in a single place. You can also choose to deduct TDS, which will be added to the TDS payment due for the current month.
How can I provide details to my CA for bookkeeping ?
You can either provide login credentials for your Chartered Accountant to access the invoices and payments records or take an export of the invoice payments and send them to your CA.
Invoice number
Dashboard & Bulk Payouts