> ## Documentation Index
> Fetch the complete documentation index at: https://docs.erp.arukz.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Banking and payments

> Payments in and out, bank balances and cash rules.

Records money received and paid against invoices and bills, and keeps each bank account's balance agreeing with the bank.

**Who uses it:** Accounts and the owner.

## What ARUKZ ERP does

* Customer and vendor payments
* Payment terms
* Partner ledgers
* Bank statement import and auto-match

> [!WARNING]
>
> **Not built yet:** Direct bank feeds and UPI payment links are not live yet.

## Indian rules it follows

| Topic | Rule |
| - | - |
| Cash payments | Income-tax Act, 2025 s.36(4): a cash payment above ₹10,000 to one person in a day is not allowed as an expense, with listed exceptions. |
| MSME suppliers | Pay micro and small suppliers within 45 days. |

## What you gain

* Every payment matched to its invoice or bill.
* Bank balance you can trust.
* Cash payments above the limit flagged.

## Numbers to watch

Unmatched bank entries, Cash payments this month, Payments due this week.

> [card] [Module guide](https://erp.arukz.com/erp-guide/banking-payments)
>
> The full guide to this module on erp.arukz.com.

> [card] [Is it switched on?](https://docs.erp.arukz.com/admin/modules.md)
>
> New workspaces start with the core modules; ARUKZ staff switch on the rest at no cost.


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