Bill intake
One inbox for vendor bills, logged the day they arrive.
All finance operations services
Finance Operations
Accounts Payable
FinAura runs your accounts payable: vendor bills collected in one place, checked against the order and the delivery, approved by the right person, recorded with GST and TDS, and scheduled for payment on agreed dates. Duplicate bills, wrong rates and missing approvals are caught before money leaves the account.
- Chartered Accountant-led
- Bangalore and across India
- Reply within one business day
What is covered
What Accounts Payable Covers
From the bill arriving to the vendor being paid.
Three-way check
Bill matched to the purchase order and the goods or services received.
Approvals
Routed to the person with authority for that amount.
GST and TDS
Credit captured and tax deducted at the right rate.
Payment schedule
Due dates tracked and payments planned against cash.
MSME suppliers
Micro and small suppliers flagged so they are paid within the legal period.
How the month runs
How It Works
Receive, check, approve, pay.
Step 1
Receive
- Bills logged
- Duplicates checked
- Vendor master updated
Step 2
Check
- Order and receipt match
- Rates and tax
- TDS section
Step 3
Approve
- Routed by amount
- Queries resolved
- Posted to books
Step 4
Pay
- Payment run proposed
- You release
- Advice to vendor
Your part
What We Need From You
- 01Vendor bills, or the inbox they arrive in
- 02Purchase orders or agreements
- 03Your approval limits
- 04Banking access to prepare (not release) payments
Our part
What You Get
- Every bill recorded and approved
- A weekly list of what is due
- No duplicate or unapproved payments
- Vendor balances you can rely on
A common question
Why outsource accounts payable?
In a growing company, bills arrive by email, WhatsApp and courier, approvals happen in conversations, and payments go out when someone remembers. That is how duplicates, missed credits and angry vendors happen.
An outsourced payables process gives every bill one route: logged, checked, approved and paid on a schedule, with you releasing the money.
See vendor payment runsPaymentsScheduled, released by you
ControlsChecked and approved
BillsOne intake, logged
Who it is for
Who It Is For
Growing companies
Bill volume outgrowing one accountant.
Businesses with many vendors
Manufacturing, retail, services.
Founders who approve everything
And want a cleaner way to do it.
Companies with MSME suppliers
Payment periods to respect.
The rules, in plain English
What the Law Says
MSMED Act, 2006
Sections 15 and 16
Buyers pay registered micro and small suppliers within the period the Act sets; late payment carries interest at a rate above the bank rate.
Official source: msme.gov.inIncome-tax law
Payments to micro and small enterprises
Amounts owed to registered micro and small suppliers beyond the period allowed under the MSMED Act are allowed as an expense only in the year they are actually paid.
Official source: incometax.gov.inCGST Rules, 2017
Rule 37
Credit taken on a purchase must be reversed if the supplier is not paid within the period the rule sets, and can be claimed again once payment is made.
Official source: cbic-gst.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
Accounts Payable: Questions, Answered
Do you make payments from our bank account?
No. We prepare the payment batch; you or your authorised signatory releases it. We never hold payment rights.
How do you stop duplicate payments?
Each bill is checked against vendor, number, amount and date before it is recorded, and paid bills are marked against the payment.
Why do micro and small suppliers matter?
The MSMED Act sets the period within which they must be paid, with interest for delay, and income-tax law allows late amounts as an expense only when paid.
Can you work with our purchase order system?
Yes. We match bills to orders and receipts in whatever system you use, or set up a simple one.
Often Taken Together
All 10 Finance Operations services01Finance OperationsVendor Payment RunsBills approved, scheduled and paid in batches on agreed dates, with TDS deducted where due and remittance advice sent.02Finance OperationsVendor and Customer ReconciliationLedgers agreed with your suppliers and customers, so disputes are settled on facts and balances confirmed before year-end.03Finance OperationsGST ReconciliationPurchase records matched against GSTR-2B and sales against GSTR-1, so you claim the input tax credit you are entitled to and nothing you aren't.04Systems & ControlsInternal Audit & ControlsInternal audit, controls design and testing, SOP and process implementation.05Accounting & FinanceAccounting & BookkeepingClean, current books every month, reviewed by a Chartered Accountant.