Topic
MSME payments
Paying micro and small suppliers inside the statutory window, and what section 43B(h) does when you do not.
Glossary
The terms you will meet.
MSME payments MSME (Micro, Small and Medium Enterprises) A government classification for businesses based on investment and turnover that enables access to subsidies, priority lending, and special schemes. Also called micro and small enterprises, Udyam registered enterprise, MSE MSME payments MSME Vendor Compliance MSME vendor compliance refers to the regulatory obligations buyers have when transacting with micro, small, and medium enterprise vendors, particularly regarding payment timelines under Section 43B(h). Also called MSME payment compliance, section 43B(h) compliance, MSME 45-day rule
See it in the product
MSME payments, in the product.
Financial OperationsAccounts PayableBill capture, line-item TDS, GSTR-2B nightly recon, MSME 45-day rule, approval workflows and vendor payment automation.Financial OperationsVendor ManagementVendor master, KYC verification at scale, risk scoring, performance tracking and a self-service vendor portal.Accounts PayableMSME 43B(h) ComplianceUdyam status verified. 45-day rule at scheduling. Disallowance impact surfaced before override.Vendor ManagementMSME 43B(h) ComplianceUdyam status verified. 45-day rule at scheduling. Disallowance impact surfaced.Accounts PayablePayment SchedulingSchedule batches by due date. MSME 43B(h) rule enforced. Take early-pay discounts. Bank rails for direct payment.DomainFinancial ManagementAccounting, Accounts Payable, Accounts Receivable, Banking and Cash, Tax and Compliance, Financial Reporting