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Accounts payable

Know what you owe, and when it's due.

Every purchase bill you record builds a running payables ledger per supplier — outstanding balances, ageing, and due dates, without a separate spreadsheet.

  • Reviewed July 2026
  • CA Anil Agarwal & the TatvaBooks team

What is accounts payable software?

Accounts payable software tracks what your business owes its suppliers — purchase bills, due dates, and outstanding balances — so nothing gets paid twice, paid late, or forgotten entirely. In TatvaBooks, recording a purchase voucher with the bill attached automatically updates that supplier's running balance; there's no separate payables spreadsheet to keep in sync.

Payables and GST, in the same entry

Because purchases are entered once, the same voucher that tracks what you owe a supplier also feeds your GSTR-2B reconciliation — so the input tax credit you're entitled to claim stays in step with what you actually owe.

Frequently asked questions

What is accounts payable software?
Accounts payable software tracks what your business owes suppliers — purchase bills, due dates, and what's still outstanding — so you never miss a payment or lose track of what you owe. It's the mirror of accounts receivable, which tracks what customers owe you.
How does TatvaBooks track payables?
Every purchase voucher you record — with the bill attached — adds to what you owe that supplier. TatvaBooks keeps a running payables ledger per supplier, so you can see outstanding bills, ageing, and what's due, without a separate spreadsheet.
Does it link to GST input tax credit?
Yes — purchase vouchers feed directly into your GSTR-2B reconciliation, so the same entry that tracks what you owe a supplier also tracks the ITC you're entitled to claim.
Can I see payables by supplier or by due date?
Both — the payables ledger is organised by supplier, and you can view outstanding bills by ageing (30/60/90 days) to prioritise what needs paying first.
Is accounts payable tracking included in the price?
Yes, from the Business plan (₹599/month) — purchase vouchers, supplier ledgers and payables tracking are part of the core product, not a separate module.

Payables + GST, one entry

Track what you owe, automatically.

Every purchase bill updates supplier balances and your ITC in one entry. Start free.