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FIRC Management

Track Foreign Inward Remittance Certificates

FIRC Management

What is FIRC?

Bank certificate for foreign currency receipt:

  • Proof of export realization
  • Required for compliance
  • Issued by bank on request

Tracking in System

For each payment received:

  1. Record payment with details
  2. Mark FIRC received/pending
  3. Upload FIRC document
  4. Link to invoice

FIRC Details

Record:

  • FIRC number
  • Bank reference
  • Receipt date
  • Amount in foreign currency
  • INR equivalent

Reporting

Generate:

  • FIRC pending report
  • Bank-wise summary
  • Compliance certificate

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