GST Reconciliation
Checks GSTR-2B against your purchase register, works out the input tax credit line by line, and sorts the problems by how much money is involved.
Written up and waiting its turn. Work starts on it once the one before it is properly finished.
The case for it
Credit you forget to claim is money left on the table. Credit you claim wrongly brings a notice. Both come out of the same check, so it is worth doing every month.
What it does
The specifics.
Every line here is something it is being built to do. None of it is a vague area we are thinking about looking at.
Pulls GSTR-2B and matches it to the purchase register on GSTIN, invoice number and value.
Tells the difference between a real mismatch and the same invoice number written two ways.
Works out how much credit you can claim on each line, including the blocked ones.
Sorts what is outstanding by rupee value, so your follow up list starts with the biggest.
Where it fits
What goes in, and what you get back.
Takes in
GSTR-2B, purchase register
The agent
GST Reconciliation
Gives back
Credit you can claim, and a follow up list
Ends up as
A record with its full history
Whatever it produces ends up as a proper record with its history attached, not as a message in a chat window. You get something your reviewer already knows how to check.
Talk to us about GST Reconciliation.
A walkthrough covers what you can use today, what this one will do, and where it sits in the queue. We will not give you a date on the call that we are not sure of.
Written up and waiting its turn. Work starts on it once the one before it is properly finished.