MSME Setup to configure company-wide defaults

Open MSME Setup to configure company-wide defaults. These apply to every MSME vendor unless a per-vendor override is set.

Field	Description
Default Payment Due Days	Statutory payment period — normally 45 days under Section 15 of the MSMED Act.
Enable Compliance Warnings	Shows a message when an MSME vendor is selected on a purchase document.
Warn on Unknown State Code	Non-blocking warning if a Udyam number's state code isn't in the known list.
Annual Interest Rate %	Rate used for Section 16 interest — typically 3× the RBI-notified bank rate. Confirm with your tax advisor.
Compounding Period (Months)	How often interest compounds. Default: 1 (monthly).
Company PAN No. / CIN No.	Used as header information on the MSME-I return export.

Open MSME Setup to configure company-wide defaults. These apply to every MSME vendor unless a per-vendor override is set.

Field	Description
Default Payment Due Days	Statutory payment period — normally 45 days under Section 15 of the MSMED Act.
Enable Compliance Warnings	Shows a message when an MSME vendor is selected on a purchase document.
Warn on Unknown State Code	Non-blocking warning if a Udyam number's state code isn't in the known list.
Annual Interest Rate %	Rate used for Section 16 interest — typically 3× the RBI-notified bank rate. Confirm with your tax advisor.
Compounding Period (Months)	How often interest compounds. Default: 1 (monthly).
Company PAN No. / CIN No.	Used as header information on the MSME-I return export.