Payments ERP Connectors

Problems ERPPlugs Solves

• •Settlement reports bundle hundreds of transactions, commissions, refunds, and adjustments into a single bank credit—decomposing this into individual ERP vouchers manually is error-prone and time-intensive.
• •Payment gateway fees include GST (typically 18%) which is claimable as input credit, but only if posted to the correct ledger with the gateway's GSTIN. Manual posting frequently misses this, leaving ITC on the table.
• •TDS deducted by gateways under Section 194-O must be tracked, reconciled against Form 26AS, and claimed in the income-tax return. Without automation, TDS entries are often posted in bulk with approximations rather than exact per-settlement amounts.
• •Refund reversals are the most common source of reconciliation breaks—the original sale, the refund, and the net settlement all occur on different dates and must be correctly linked across the ERP, the gateway, and the bank statement.

How It Works

ERPPlugs connects to Razorpay, Stripe, PayU, Cashfree, and other major gateways through their APIs. Each settlement is decomposed into its constituent transactions—collections, refunds, commissions, taxes, and adjustments. These components are mapped to your ERP's ledger structure and posted as individual or consolidated vouchers (configurable per gateway). Bank-credit entries are auto-matched against settlements, and a reconciliation dashboard highlights any discrepancies between expected and actual credits.