Blog
Accounts payable
Invoice capture, three-way matching, approvals, and vendor payouts. How Indian finance teams pay what they owe without paying it twice.
AP Vendor Reconciliation: Process, Format and Example Vendor reconciliation matches your ledger for a supplier with its statement and explains every difference, such as payments in transit, TDS and debit notes. OneFinOps Editorial 3 min 
TDS What is TDS? Meaning, Rates and How It Works TDS (tax deducted at source) is income tax the payer deducts from a payment such as salary, fees, rent or interest and deposits with the government. OneFinOps Editorial 3 min 
TDS Section 194Q: TDS on Purchase of Goods Under the New Act Section 194Q is now 393(1) Sl. No. 8(ii), code 1031: a buyer with turnover above ₹10 crore deducts 0.1% on purchases above ₹50 lakh from a seller. OneFinOps Editorial 2 min 
AP Accounts Payable Process: Steps, Flow Chart and Controls The accounts payable process runs from purchase order to payment: receive the invoice, match it, book it with GST and TDS, approve, pay and reconcile. Dhatri Medarametla 3 min 
AP What is 3-Way Matching in Accounts Payable? Process and Example 3-way matching checks the purchase order, goods receipt note and supplier invoice against each other, so you pay only for what you ordered and received. Dhatri Medarametla 3 min 
Procurement What is Procure to Pay (P2P)? Process, Cycle and Steps Procure to pay (P2P) is the cycle from a purchase request to supplier payment: requisition, purchase order, goods receipt, invoice matching and payment. Dhatri Medarametla 3 min 
Vendors What is Vendor Management? Process, Lifecycle and KPIs Vendor management is how a business selects, onboards, contracts, pays, monitors and exits suppliers, so each delivers what was agreed, at the agreed price. OneFinOps Editorial 3 min 
AP What is Accounts Payable? Meaning, Examples and AP vs AR Accounts payable is the money a business owes suppliers for goods or services received but not yet paid. See the meaning, AP vs AR and the journal entry. Dhatri Medarametla 3 min 
Procurement What is a Purchase Order? Format, Process and PO vs Invoice A purchase order (PO) is the document a buyer sends a supplier to confirm what it is buying, in what quantity, at what price and terms, before delivery. OneFinOps Editorial 3 min 
AP Invoice Processing in Accounts Payable: Steps and Automation Invoice processing is how a business receives, checks, codes, approves and books supplier invoices before payment, including GSTIN, e-invoice and TDS checks. Dhatri Medarametla 3 min 
Vendors Vendor Onboarding Process: Checklist, Documents and Form Vendor onboarding is how a business collects, verifies and records a new supplier's PAN, GSTIN, Udyam status and bank account before the first order or payment. OneFinOps Editorial 4 min 
AP What is AP Automation? How Accounts Payable Automation Works AP automation is software that captures, checks, matches, books and pays supplier invoices, so your team handles only the exceptions and the approvals. Dhatri Medarametla 3 min