MSME Pay Clock

1. MSME Pay Clock only tracks bills from Micro and Small suppliers. Each bill must be paid within the days agreed in writing with the supplier, never more than 45, or within 15 days if there's no written agreement. The clock starts the day you accept the goods, or the day they arrive for bills still waiting for approval.
2. Payments always clear that supplier's oldest bill first. If you pay only part of a bill, the amount paid is settled and the rest stays open with the same due date.
3. Money paid on time is fine. Money paid late but by 31 March only means MSME interest is owed. Anything still unpaid on 31 March after its due date can't be claimed as an expense that year, under section 43B(h).
4. The dashboard warns you about any bill that will go past its due date in the next 7 days.
5. Each Tally upload adds new bills and payments, skips ones already uploaded, and asks you to check any that changed. A supplier's MSME type and terms are confirmed once and reused after that.

Local mode — books stay on this device only. Download the disallowance schedule for a durable CA copy.