payments

TallyPrime Razorpay Integration - Auto Payment Reconciliation

Auto-reconcile Razorpay payments with TallyPrime ledgers

5-minute setup30-day money backNo coding required

Overview

Payment reconciliation is the most time-consuming task for Indian businesses using Razorpay. This connector fetches every payment, settlement, refund, and fee from Razorpay and creates corresponding vouchers in TallyPrime. Settlement amounts match perfectly with bank entries. Platform fees and GST on fees are tracked in separate ledgers for accurate accounting.

Data Sync Details

Data Type	Direction	Frequency
Payments	Razorpay → TallyPrime	Real-time
Settlements	Razorpay → TallyPrime	Daily
Refunds	Razorpay → TallyPrime	Real-time
Fee Deductions	Razorpay → TallyPrime	Per settlement

Features

Automatic payment import from Razorpay

Transaction-level reconciliation

Fee and GST accounting on separate ledgers

Settlement matching with bank entries

Refund tracking and credit notes

Multi-bank settlement support

Subscription payment tracking

QR code payment reconciliation

TDS tracking on commissions

Exception handling with alerts

Key Benefits

Save 10+ Hours/Week

No more manual payment matching at month-end.

Accurate Fee Tracking

Every rupee of Razorpay fees and GST accounted for.

Real-Time Visibility

Know your collected vs settled amounts instantly.

Error-Free Books

Automated matching eliminates human errors.

Setup in Minutes

1

Connect Razorpay

Enter your Razorpay API key and secret for secure access.

2

Map Tally Ledgers

Link Razorpay payment modes to your Tally bank and fee ledgers.

3

Set Reconciliation Rules

Configure matching criteria and exception handling preferences.

4

Run Initial Reconciliation

Process historical transactions and verify accuracy.

Frequently Asked Questions

Fetches all Razorpay transactions via API, matches with Tally invoices, creates receipt vouchers automatically. Settlements reconciled with bank entries.

Yes. Platform fees and 18% GST on fees are automatically accounted for in separate Tally ledgers for ITC claims.

Yes. Payments categorized by method and mapped to different Tally ledgers based on payment mode.

Supports Razorpay Route with automatic tracking of transfers, linked accounts, and settlement splits.

Refunds automatically create credit notes or journal entries in Tally, reversing the original payment entry.