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Classifying a Vendor as MSME.
On the Vendor Card, an MSME (India) section holds the following fields:
Field | Description |
|---|---|
MSME Registered | Marks the vendor as a registered enterprise. Turning it off clears the other MSME fields. |
Udyam Registration No. | The vendor's certificate number. Format-validated automatically — see Section 4. |
MSME Enterprise Type | Micro, Small, or Medium. Only Micro/Small fall under the 45-day rule and MSME-I return. |
MSME Enterprise Category | Manufacturing or Service. |
MSME Registration Date | Date of Udyam registration. |
Payment Due Days (Override) | Leave at 0 to use the company default. Only set a shorter value if a signed agreement supports it — the statutory maximum is 45 days. |
Entering a Udyam Registration No. automatically turns on MSME Registered — you don't need to set both.