About RazorpayX-Tally Integration

Tally is one of small and medium enterprises’ most widely used accounting software. Businesses use Tally services such as Tally.ERP 9 or TallyPrime to maintain and track accounting transactions, finance, inventory, and sales.

RazorpayX offers an intelligent integration with Tally to make payouts to vendors, partners and suppliers. Businesses that use TallyPrime or Tally.ERP 9 (from version 6 and upwards) can now integrate RazorpayX with Tally and reduce many manual accounting processes.

How it Works

Watch the video below to understand the benefits, use cases and the process of setting up the RazorpayX-Tally Integration or read along.

You can also watch the Introduction to RazorpayX Tally Integration video in Hindi.

You must integrate and set up the two-way integration between RazorpayX and Tally. Enable and disable the vendor payment flows as applicable to your business, or make them all work together.

Four Flows

You can perform the following four core bookkeeping and reconciliation actions of vendor payments with this integration:

• Sync Purchase Voucher payment entries and reconciliation in Tally.
• Sync Payment Voucher reconciliation in Tally.
• Automate bookkeeping process, that is: bill creation → payment entry → reconciliation, by bringing bills to Tally.
• Use Smart Bank Statement to source each and every transaction from all over RazorpayX to Tally.

RazorpayX automatically syncs all the above flows when you make the entries in Tally.

Advantages

With the RazorpayX-Tally Integration, you enjoy many intelligent benefits, which include the following:

• First and Only Accounting Assistant

  The RazorpayX-Tally Integration is the only accounting assistant in India that is smart and sensitively designed for Indian businesses.

• Bi-directional Integration

  It is the first two-way integration between Tally and RazorpayX Vendor Payments. It automates and customises your syncing process between Tally and RazorpayX.

• Seamless Automation
  You need not manually work through documents and processes; anything you upload to Tally or RazorpayX gets automatically synced to the other in just a click.

• Smart Bank Statement

  The RazorpayX-Tally Integration offers a smart bank statement like no other. Sync your transactions from all the apps you use in RazorpayX to Tally with context-sensitive journal entries.

• Save up on Time and Efficiency

  With the RazorpayX-Tally Integration, you can:

  • Save 50% of time spent in payment processing during the 1st and 7th of the month.
  • Close books of accounts 40% faster; reduce your bookkeeping effort, time and errors.
  • Use the saved time to spend on compliance and core business operations.

Related Information

• About Vendor Payments
• Invoices
• Tally Account Statement Integration