GST Reconciliation

GST Reconciliation is process of matching Purchases versus Supplier’s Sales Transactions filed by Supplier to claim provision Input Tax Credit (ITC) as per availability at the point of filing GSTR 3B.

TaxGenie Reconciliation Unique Features :

  • Online utility
  • Mapper for quick upload of data
  • Control summary
  • Status by Vendor
  • PAN level view
  • User level access control
  • Customized recon setting
  • ITC Eligibility/Ineligibility settings at vendor and Invoice level
  • Multimatch
  • ABC analysis to focus on ITC recovery
  • Audit trail for recon actions
  • Multi period matching