AUTOMATE GSTR2A & PURCHASE INVOICE RECONCILIATION IN SAP
ITC Reconciliation is a must-do exercise for every business to increase their profitability. The majority of the taxpayers have been availing input tax credit based on vendor invoices posted in their Tax G/Ls. The GST Regime is moving towards allowing input tax credit based on vendor’s GST returns alone, thereby posing a challenge on the cash flow in the future as well as reconciliation for previous years.
Manual Reconciliation, using 3rd party software is always a cumbersome process for companies.