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B2B payment reconciliation software automatically matches incoming bank credits — NEFT, RTGS, UPI, IMPS — to open invoices in your books. For manufacturers and distributors, this eliminates the 3–4 day manual exercise of matching bank statements to Tally entries each month. FastFee imports outstanding invoices from Tally, BUSY, SAP, or Excel; matches bank receipts to the correct invoice; handles partial payments; flags unmatched and duplicate receipts; and exports the reconciled data back to Tally.

B2B Finance · Reconciliation

B2B Payment Reconciliation Software
Auto-Match NEFT / RTGS / UPI to Invoices

Stop spending 3–4 days every month matching bank statements to Tally. FastFee auto-matches every receipt to the right invoice — and exports reconciled data back to Tally.

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Payment Modes Handled

ModeHow FastFee matches itType
UPIAuto-matched instantly via FastFee payment link webhookAuto
NEFTMatched from bank statement import using reference + amountAuto
RTGSMatched from bank statement import — same as NEFTAuto
IMPSMatched from bank statement importAuto
ChequeLogged manually at receipt; matched at bank clearanceManual
CashLogged by counter staff; matched to customer accountManual

Reconciliation Workflow — Invoice to Bank Matched

01
Import Invoices from Tally/ERP

Pull open invoices from Tally, BUSY, SAP, Oracle, or Excel. Each invoice is mapped to the correct customer/dealer.

02
Import Bank Statement

Upload bank statement (CSV) or connect bank feed. All NEFT, RTGS, UPI, and IMPS credits are loaded automatically.

03
Auto-Match Receipts to Invoices

FastFee matches receipts using customer name, invoice number, amount, and bank reference. Exact matches close invoices instantly.

04
Flag Unmatched Payments

Receipts that cannot be auto-matched go into a review queue with suggested matches. Finance reviews and confirms in one click.

05
Handle Partial Payments

Partial receipt recorded, outstanding balance updated, follow-up scheduled for the remaining amount — without touching Tally manually.

06
Catch Duplicates and Over-Payments

Duplicate bank credits flagged before posting. Over-payments highlighted for customer credit note or refund action.

07
Export Matched Records to Tally

Reconciled receipts exported back to Tally format. Accounts team imports in one step — no re-entry.

08
CFO Reconciliation Dashboard

Total matched, unmatched, partial payments, and outstanding balance — live. Month-close takes hours instead of days.

What FastFee Reconciliation Does

🔄
Auto-Match NEFT / RTGS / UPI

Bank receipts matched to invoices using customer name, amount, and reference. No manual matching for 90%+ of payments.

📤
Tally / BUSY Export

Matched receipts exported in Tally-compatible format. One import step for accounts team — no re-entry of payment details.

⚡
UPI Payment Link Collection

Embed UPI payment link in reminders. Dealer pays; FastFee matches the payment to the invoice instantly.

🔍
Unmatched Receipt Queue

Payments that cannot be auto-matched surface with suggested matches. Finance reviews and confirms in one click.

💰
Partial Payment Handling

Record partial receipts, split across invoices, track outstanding balance. All without manual Tally entries.

🚨
Duplicate Payment Detection

Catches duplicate bank credits before they are posted. Flags over-payments for credit note or refund.

📊
Month-End Reconciliation Report

Total collected, matched, unmatched, outstanding by customer. Month-close takes hours, not days.

🏛️
Multi-Bank Support

Works with HDFC, ICICI, SBI, Axis, Kotak, and any bank offering CSV statement export.

Why not just reconcile in Tally?

Tally records what happened after you post entries. It does not auto-match bank receipts to invoices, does not follow up on unmatched credits, and has no collection workflow. Reconciliation in Tally means a finance team member spends 3–4 days each month manually matching hundreds of bank lines to ledger entries. FastFee eliminates that matching step and triggers follow-up on anything that does not match — so nothing slips.

Frequently Asked Questions

What is B2B payment reconciliation software?

It automatically matches incoming bank credits — NEFT, RTGS, UPI — to open invoices, eliminating 3–4 days of manual bank-statement reconciliation each month.

How does FastFee reconcile payments to Tally invoices?

FastFee imports outstanding invoices from Tally/BUSY/SAP/Excel, then matches bank receipts using customer name, invoice number, amount, and bank reference. Matched payments are exported back to Tally.

What happens when a dealer pays a partial amount?

FastFee records the partial receipt, calculates the outstanding balance, and schedules follow-up for the remaining amount — no manual Tally entry needed.

Can FastFee handle NEFT, RTGS, UPI, and cheque together?

Yes. NEFT/RTGS/UPI receipts are matched from bank statement import. UPI payments collected via FastFee links are matched instantly. Cheque receipts are logged manually and matched at clearance.

Does FastFee replace Tally?

No. FastFee sits alongside Tally and adds the reconciliation and collection workflow. Tally continues to handle invoicing, accounting, and books.

Related Resources

Manufacturing ReceivablesDealer Outstanding CollectionCollection vs Accounting SoftwareB2B Collection HubWhat is DSO?

Stop Spending 3–4 Days on Bank Reconciliation

Book a demo. See how FastFee auto-matches your NEFT/RTGS/UPI receipts to Tally invoices.

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