We’re excited to announce some major updates for India Compliance App! These enhancements focus on providing you with simplified compliance, greater accuracy, and a better user experience.
Advanced GSTR2A/2B Reconciliation Tool
To help you save time and maximize the benefits from your GST inputs, we’re introducing our advanced GSTR2A/2B reconciliation tool. Some key features include:
Dual reconciliation: Reconcile both 2A and 2B in one go.
Advanced algorithm: Complex yet performant algorithm ensuring even PAN level matching for accuracy.
One-click report: Download and share your report with vendors in a click.
Easy purchase creation: Quickly generate missing purchases to maximize your input credits.
Click Less, Do More: Bulk actions to help you narrow down to unreconciled entries.
Already available in Version 15. Coming to Version 14 very soon.
GSTIN Status Validation
Bill accurately with the GSTIN status validation feature. The system will validate the GSTIN status from the portal, to ensure VALID GSTINs are used while creating transactions. It’s refreshed periodically, allowing you to bill correctly right from the start.
Enhancements to e-Waybill and e-Invoice
We have made some significant enhancements to our e-Waybill and e-Invoice features, including:
A more informative dashboard: Get a comprehensive overview of non-compliances.
Bulk Transactions: Now generate e-Waybill in Bulk from the Sales Invoice List. Also, update transporter details for multiple invoices in one click.
Extend e-Waybill validity conveniently from within ERP.
e-Waybill from Purchase: We’ve extended e-Waybill support to purchases from unregistered businesses or purchase returns.
New Reports
To give you a better overview of your business, we’ve added a few new reports:
Audit Trail Report: Track changes to your core accounting doctypes swiftly and easily.
GSTR3B Details Report: View the details of the transaction covered in GSTR3B.
GST Balance Report: Get a simple overview of the balance of the GST Account by GSTIN and company.
We’re thrilled to introduce the latest features on India Compliance, designed with your convenience in mind.
Contributing Back
Let’s continue to enhance India’s Compliance together! Your feedback is instrumental in these advancements and future improvements. Here are some ways you can contribute:
Bug Reports – We take bugs very seriously, and we appreciate your help in identifying and reporting any you encounter. Your vigilance helps us maintain the quality of India Compliance.
Documentation – Contributing to our documentation can be just as valuable as contributing code. If you can help us create more accurate, comprehensive documentation for existing features, please do!
Pull Requests – We’re always open to new ideas that can enhance our app. If you’ve developed a feature or fixed a bug, submit a pull request. We review all submissions and appreciate every contribution.
Your contributions, large or small, are highly valued. Together, we can make India Compliance even better!
If you appreciate our effort, please consider starring our repo to help increase our visibility and benefit more users. Thank you for your ongoing support.
as we have to file monthly returns GSTR3B
however some of our suppliers file quarterly returns
We cannot avail ITC for the purchases of these suppliers. The same have to be reconciled as and when the supplier uploads them
so just wanted to check how the reconciliation tool handles differed entries for suppliers that file quarterly returns
Also we Created another report for GSTR-3B details which has filter for reconcile/unreconcile based on the status available to the Purchase invoice and BOE.
is this feasible way to generate new GSTR-3B report for Reconciliation?
Reconciliation status may not say if it’s from GSTR2A or 2B.
To begin with, this may be enough with respect to ITC for current month. However, you will need to carry-forward the unclaimed balance in the future months which can be tricky.
We have our setup hosted locally. We want to enable the Purchase Reconciliation tool only. Is it mandatory to have an India Compliance Account to activate the Purchase Re Conciliation with 2A/2B or it can be activated simply with the credentials of gst portal???
To use API Features, It’s necessary to have India Compliance Account. Hence it will be required if you wish to download the 2A/2B from portal directly from your local site.
Alternatively, you can download 2A/2B JSON from the GST Portal, and you’ll have option to upload the same for reconciliation. This can be done even without India Compliance Account.
We manage three separate sister concern companies (A, B, C) within a single assistance instance.
While conducting GST Purchase reconciliation (2A/2B Reco) for Company A, I encountered an issue where 1 or 2 invoices are erroneously listed as missing in the 2A/2B status. Upon investigation, I discovered that these invoices belong to Sister Company B but are mistakenly appearing in Company A’s GST reconciliation tool.
Although the series, name, and abbreviation of these invoices are correctly entered, it appears the discrepancy arises from the automatic population of the GST number when selecting the company name.
Could someone please advise on the necessary steps to resolve this issue or if there are any aspects we might have overlooked? The GST number and associated details are auto-populated upon selecting the company, which seems to be contributing to this problem.
Make sure company GSTIN in purchase invoice is correct. This could be causing the issue.
How is company GSTIN set in Purchase?
It’s based on the address selected in Purchase Invoice. Preference is given to default address. It’s possible that new address created was set as default address incorrectly.
