Financial Module

Accounts Payable

Streamline vendor payments with automated invoice processing, TDS deduction, payment scheduling, and complete aging analysis for cash flow optimization.

100% TDS Compliant
75% Faster Processing
30+ AP Reports
Core Capabilities

Accounts Payable Features

Complete vendor management and payment processing

Vendor Management

Comprehensive vendor database with PAN validation, credit terms, and performance tracking.

  • Vendor Master Database
  • PAN/VAT Validation
  • Credit Terms Setup
  • Vendor Performance

Invoice Processing

Fast invoice entry with PO matching, GRN verification, and approval workflows.

  • Quick Invoice Entry
  • 3-Way Matching
  • Approval Workflows
  • Duplicate Detection

Automatic TDS

Nepal TDS compliance with automatic calculation, deduction, and certificate generation.

  • Auto TDS Calculation
  • Section-wise Rates
  • TDS Certificates
  • Annual Returns

Payment Scheduling

Optimize cash flow with payment planning, due date tracking, and early payment discounts.

  • Payment Calendar
  • Due Date Alerts
  • Early Payment Discounts
  • Batch Payments

Payment Processing

Multiple payment methods with bank file generation and reconciliation.

  • Cheque Printing
  • Bank Transfer Files
  • Advance Payments
  • Partial Payments

Aging Analysis

Track outstanding payables with customizable aging buckets and vendor-wise analysis.

  • Aging Buckets
  • Vendor-wise Aging
  • Overdue Alerts
  • Cash Flow Forecast
Workflow

Purchase to Pay

End-to-end accounts payable process

1

Receive Invoice

Enter vendor invoice with line items and tax details

2

3-Way Match

Match invoice with PO and GRN for accuracy

3

Apply TDS

Auto-calculate and deduct TDS as per IRD rules

4

Approve

Multi-level approval workflow based on amount

5

Schedule Payment

Plan payment based on due date and cash flow

6

Process Payment

Execute payment via cheque or bank transfer

TDS Compliance

Supported TDS Rates

Pre-configured Nepal TDS rates (FY 2082/83)

Payment Type TDS Rate Threshold
Rent (Commercial) 10% Any Amount
Rent (Residential) 10% Above Rs. 1,00,000/year
Service Fee 15% Above Rs. 50,000
Consultancy 15% Any Amount
Commission 15% Any Amount
Transportation 2.5% Any Amount
Interest (Bank) 5% Above Rs. 1,00,000

Rates are configurable. System auto-updates with IRD notifications.

Reporting

Accounts Payable Reports

Comprehensive reports for payables management

Invoice Reports

  • Invoice Register
  • Pending Invoice List
  • Invoice Aging Summary
  • Invoice vs PO Variance
  • Duplicate Invoice Report

Payment Reports

  • Payment Register
  • Payment Due Report
  • Cheque Register
  • Bank Transfer Log
  • Advance Payment Status

Vendor Reports

  • Vendor Ledger
  • Vendor Aging Report
  • Vendor Statement
  • Vendor Payment History
  • Vendor Performance

TDS Reports

  • TDS Deduction Register
  • Vendor-wise TDS
  • TDS Certificate Report
  • Section-wise TDS Summary
  • Annual TDS Return
Integrations

Module Connections

Seamlessly integrated with all business modules

Procurement

PO-based invoicing with auto-matching

Inventory

GRN verification for 3-way matching

General Ledger

Automatic expense and liability posting

Tax Compliance

TDS calculation and VAT input tracking

Bank Reconciliation

Auto-match bank payments

Business Intelligence

Cash flow and vendor analytics

Related

Related Modules

Streamline Your Vendor Payments

See how M AND R SOLUTION automates accounts payable with Nepal TDS compliance.