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A look at one of the earliest inscriptions to refer to money, a dedication to a Buddhist vihara at Nasik in the first century AD which talks about karshapana and suvarna. Though those terms are used by numismatists to refer to coins they are probably here units of account which would sometimes have been represented by coin, sometimes simply in kind or as short term credit.

Publications referenced include:
Bracey, R. (2009) ‘The Coinage of Wima Kadphises’ Gandharan Studies 3, 25-74
Schopen, G. (1994) ‘Doing business for the lord: Lending on interest and written loan contracts in the Mūlasarvāstivāda-Vinaya’ Journal of the American Oriental Society, vol.114, no.4, 527-553
Senart, E. (1905-6) ‘The inscriptions in the caves of Nasik’ Epigraphia Indica, vol.8, 59-96

00:00 Introduction
01:34 Records without transactions
03:00 Records without money
05:00 Records mentioning money
09:24 Suvarnas
11:24 Units of account
14:20 Mulasarvastivada Vinaya
16:20 Why inscribe monetary transactions