TallyPrime Razorpay Integration - Auto Payment Reconciliation
The TallyPrime-Razorpay connector automatically reconciles all Razorpay payments with TallyPrime ledgers. Handles settlements, fees, GST on fees, refunds, and multi-bank reconciliation. Saves 10+ hours per week on manual reconciliation. Rs 2,499/month.
Auto-reconcile every Razorpay payment, fee, and settlement with TallyPrime ledgers — including refunds, GST on fees, and multi-bank splits.
Saved on payment reconciliation
Settlement match accuracy
Faster month-end closing
GST on fees recovered as ITC
What this connector does
Payment reconciliation is the single most time-consuming accounting task for Indian businesses using Razorpay. The TallyPrime-Razorpay connector by ERPPlugs automates this entirely by fetching every payment, refund, settlement, and fee deduction from Razorpay and creating the corresponding vouchers in TallyPrime. Each payment is categorized by mode — UPI, credit card, debit card, net banking, or wallet — and mapped to the appropriate ledger for precise tracking.
What makes this connector particularly valuable is its handling of Razorpay fees and the 18% GST charged on those fees. Most businesses either ignore these deductions or lump them together, losing the opportunity to claim Input Tax Credit on the GST component. ERPPlugs tracks platform fees and GST in separate ledgers, ensuring your GSTR-2A reconciliation captures every eligible ITC claim. For a business processing Rs 50 lakh per month through Razorpay, this can mean recovering Rs 15,000-20,000 in GST credits monthly.
Settlement reconciliation is handled down to the paisa. When Razorpay deposits a settlement into your bank account, the connector matches the exact amount against pending receipts, accounting for fee deductions, refund adjustments, and holdbacks. Multi-bank settlement support ensures businesses with multiple connected bank accounts see accurate reconciliation across all accounts.
What changes when you plug ERPPlugs in
See how automation transforms your TallyPrime-Razorpay workflow.
Without ERPPlugs
- Downloading Razorpay settlement reports and manually matching with Tally entries
- Platform fees and GST on fees lost in spreadsheet calculations
- Refunds tracked separately, causing ledger mismatches
- Settlement amount never matches bank credit due to fee deductions
- Month-end reconciliation takes 3+ days for high-volume businesses
With ERPPlugs
- Every Razorpay transaction auto-imported and matched in TallyPrime
- Platform fees and 18% GST on fees tracked in dedicated ledgers
- Refunds auto-create credit notes with fee reversal adjustments
- Settlement amounts reconciled to the paisa with bank entries
- Daily reconciliation completed automatically with zero manual effort
Built for teams that need reliable automation
The TallyPrime <-> Razorpayconnector fits into finance, ops, and revenue teams that have outgrown copy-paste — the ones whose month-end close should not depend on a spreadsheet, whose ledger accuracy should not depend on human vigilance, and whose sales velocity should not stall behind an accountant's inbox.
Below are the roles that get the fastest return the moment this connector goes live. If yours is on the list, the payback is typically visible in the first billing cycle.
Online Business Owner
Accepts payments via Razorpay and needs every UPI, card, and net banking transaction automatically reconciled in TallyPrime.
CA / Tax Consultant
Manages books for clients using Razorpay and needs accurate fee separation, GST on fees tracking, and ITC-ready records.
Finance Controller
Oversees cash flow for a high-volume business and needs real-time visibility into collected vs. settled amounts across payment modes.
How data flows and what gets synced
The bridge between TallyPrime and Razorpay, and the exact records that move across it.
TallyPrime
ERPPlugs Engine
Razorpay
| Data Type | Direction | Frequency |
|---|---|---|
| Payments | Razorpay → TallyPrime | Real-time |
| Settlements | Razorpay → TallyPrime | Daily |
| Refunds | Razorpay → TallyPrime | Real-time |
| Fee Deductions | Razorpay → TallyPrime | Per settlement |
Alternative TallyPrime <-> Razorpay integrations available to Indian businesses, and where each fits.
| Connector | Type | Razorpay Support | Typical Capabilities |
|---|---|---|---|
| TallyPrime <-> RazorpayThis page | Native ERP connector | ✓ Native | Automatic payment import from Razorpay, Transaction-level reconciliation, Fee and GST accounting on separate ledgers |
| RazorpayX Payroll (native) | Razorpay-side reconciliation feature | Partial (payment side only) | — |
| Zapier + Razorpay + Tally | iPaaS bridge | Partial (no GST logic) | — |
| Refrens | Invoicing platform with sync | Partial (not Tally-native) | — |
| Custom middleware build | Bespoke development | Full (weeks to build) | — |
Common automation scenarios
Real workflows this connector automates for you.
When
Payment captured on Razorpay
Receipt voucher created in TallyPrime linked to the corresponding invoice
When
Razorpay settlement deposited to bank
Bank entry matched in Tally with fee and GST breakdowns in separate ledgers
When
Refund issued through Razorpay
Credit note created in Tally with automatic fee reversal adjustment
When
Subscription payment collected
Recurring receipt voucher created and linked to customer subscription ledger
What's included
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.
Try the TallyPrime <-> Razorpay Connector Free
Start with 1 connector and 100 transactions/month — no credit card required. See real data flowing between TallyPrime and Razorpay inside 5 minutes.
Compliance-ready. Live in minutes.
What you get out of the box for statutory compliance — and the exact steps to go live.
Compliance & Compatibility
TallyPrime
TallyPrime 4.x, 3.x, 2.x; Tally.ERP 9 (Release 6.6.3+)
Razorpay
Razorpay Standard, Route, Razorpay POS, Razorpay Payment Links
Setup in Minutes
Connect Razorpay
Enter your Razorpay API key and secret for secure access.
Map Tally Ledgers
Link Razorpay payment modes to your Tally bank and fee ledgers.
Set Reconciliation Rules
Configure matching criteria and exception handling preferences.
Run Initial Reconciliation
Process historical transactions and verify accuracy.
Simple, Transparent Pricing
Start free, upgrade as you grow.
Free
- 1 connector (read-only sync)
- Daily sync (manual trigger)
- Basic GST compliance (CGST, SGST, IGST)
- HSN code auto-mapping
- Community support
- Standard sync-status dashboard
- ERPPlugs branding on reports
- Data retention (30 days)
Starter
- 1 connector (read-write sync)
- 15-minute sync intervals
- Full GST compliance (CGST, SGST, IGST, RCM)
- HSN and SAC auto-classification
- Email support (48-hour response)
- Bank reconciliation with UTR matching
- Multi-user access (up to 3 users)
- Standard reporting dashboard
- No ERPPlugs branding on reports
- Data retention (12 months)
Growth
- 3 connectors (read-write sync)
- Real-time sync (under 30 seconds)
- Full GST compliance + e-invoice + e-way bill
- HSN, SAC, and TDS auto-classification
- Priority support (4-hour response)
- Bank reconciliation across multiple accounts
- Multi-user access (up to 10 users)
- Custom field mapping and transformations
- Advanced analytics dashboard
- Webhook notifications for every event
- Scheduled reports (daily / weekly / monthly)
- Data retention (36 months)
Enterprise
- Unlimited connectors
- Real-time sync with sub-second latency
- Dedicated account manager (1-hour SLA)
- Full GST + e-invoice + e-way bill + IRN
- White-label option (your brand on reports)
- Custom field mapping and business logic
- Advanced analytics + custom BI exports
- Webhook notifications with retry and DLQ
- SSO and role-based access control
- Custom SLA with uptime guarantees
- Onboarding workshop and dedicated CS team
- Data retention (7 years) and audit export
- India-region data residency (DPDP-aligned)
Frequently Asked Questions
The ERPPlugs TallyPrime-Razorpay connector fetches all transactions from Razorpay via API, matches each payment with the corresponding invoice in TallyPrime, and creates receipt vouchers automatically. Settlement amounts are reconciled with bank entries so your Tally books match your actual bank balance. This eliminates the tedious manual matching that typically takes 10+ hours per week for businesses with high transaction volumes.
Yes, the ERPPlugs TallyPrime-Razorpay connector automatically accounts for Razorpay platform fees and the 18% GST charged on those fees in separate TallyPrime ledgers. This separation is important because it enables Indian businesses to claim Input Tax Credit (ITC) on the GST portion of Razorpay fees during GST filing, which many businesses miss when reconciling manually.
Yes, the ERPPlugs TallyPrime-Razorpay connector categorizes every payment by its method — UPI, credit card, debit card, net banking, or wallet — and maps each to the appropriate TallyPrime ledger. This gives Indian businesses a clear breakdown of payment mode preferences and helps with bank reconciliation since different payment methods settle at different times.
Yes, the ERPPlugs TallyPrime-Razorpay connector fully supports Razorpay Route with automatic tracking of transfers to linked accounts, settlement splits, and commission deductions. This is particularly useful for Indian marketplace businesses and platforms that need to split payments between multiple vendors while maintaining accurate accounting in TallyPrime.
When a refund is processed in Razorpay, the ERPPlugs TallyPrime-Razorpay connector automatically creates a credit note or journal entry in TallyPrime that reverses the original payment entry. The connector also adjusts the Razorpay fee reversal so your ledgers accurately reflect the net financial impact of the refund, including any partial refund scenarios.
Related Connectors
Other integrations you might find useful
TallyPrime <-> Shopify
Auto-sync Shopify orders, inventory, and payments with TallyPrime — GST mapping, HSN codes, and daily bank reconciliation baked in.
Learn more
TallyPrime <-> HDFC Banking API
Auto-import HDFC bank statements into TallyPrime and reconcile every credit against invoices — UTR matching survives partial payments.
Learn more
ERPNext <-> Razorpay
Auto-reconcile every Razorpay payment, fee, and settlement with ERPNext — including refunds, GST on fees, and multi-bank splits.
Learn more
Odoo <-> Razorpay
Auto-reconcile every Razorpay payment, fee, and settlement with Odoo accounting — including refunds, GST on fees, and multi-bank splits.
Learn moreReady to connect TallyPrime with Razorpay?
Join thousands of Indian businesses automating their ERP workflows with ERPPlugs. Setup takes under 5 minutes.