Enhancements
The ITC marking trail is now included in the reconciliation result downloads.
Use Case
- In case reversal was marked for any invoice and it is reclaimed now, the user can track the same using this feature
- This audit trail was available on UI earlier now it is also added in the download reconciliation file.
How to Use it?
- Navigate to the Reconciliation module → B2B & CDN Results → download the data file using “Download the Recon Results” and review the ITC marking trail included in the report.
‘Old 3B ITC Trail’ column has been added to the reconciliation result download.
Now users can download a GSTR 1 summary PDF for any filing period.
Use Case
- Users can now download the GSTR1 summary in PDF format, facilitating easier record-keeping, better view. It can be accessed from a remote location, so you check the return before filing.
- Additionally, users can share the PDF copies with their consultants and senior authorities for verification, as it are also available for filed returns.
How to Use it?
- Navigate to GSTN Level → Select GSTR1 from the Returns Tab → Go to GSTR1 Draft → Click on Download Summary and choose PDF to download the summary in PDF Format.
The user can analyse mismatches within a specified tolerance range.
Use Case
- The user can now run recon for both negative and positive tolerance values by specifying a range of min and max values in one go.
How to Use it?
- Navigate to Reconciliation (2A/2B based) → Perform Reconciliation → Go to Analyze Mismatched Invoices.
- Additional markings for credit notes, include reverse (Goods not Received) and ITC Reclaimed – received).
- Self-claimed 3B marking for Supplier Only and SO manually verified categories.
- Maintenance of 3B table number trails and detailed line item records for fiscal year 2023–2024 onwards.
- Inclusion of SO and SO Manually verify invoices in section 4D for auto-population.
Use Case
- These enhancements have been made to the 3B marking process to add more markings and get the 3B table number in the download.
- Improves the accuracy and traceability of 3B filings, ensuring better compliance.
How to Use it?
- The user will find these ITC types in the B2B & CDN Recon Results Section using the Mark 3B option.
- This data will be visible in the 3B once the user computes 3B and downloads the populated data.
New Features
Users can now take action on multiple invoices by downloading and uploading a file.
Use Case
- This feature allows users to download recon data for re-uploading. Users can now mention comments on single/multiple invoices by downloading and uploading a file.
- This is useful for efficiently handling large volumes of invoices by putting comments in one go, which will result in saving time.
How to Use it?
- Navigate to the Reconciliation module → B2B & CDN Results → download the data file using “Download Action Upload”.
- Update the “User Action,” “Standard Comment,” and “User Comment” columns in the downloaded file. Ensure no changes are made to prefilled data points.
- Go to Bulk Operation → Bulk Upload → Recon Actions for 2B.
This feature provides summaries and downloadable reports for E-commerce transactions and Input Tax Credit (ITC) reversals.
Use Case
- This feature enables users to view and download summaries related to E-commerce transactions and ITC reversals.
- Due to recent updates by GSTN, which include new sections in 2B concerning e-commerce, we have accordingly revised our systems to align with these changes.
- The ITC Reversal will help users understand how much ITC you can reverse this month.
How to Use it?
- Select GSTIN → Reconciliation → Upload Purchase Register → GSTR 2B Tab
- There, you will be able to find these summaries, and you can select the summary you want to download.
Separate tabs for import and ISD transactions within GSTR 2B Reconciliation, available at the PAN level.
Use Case
- Enhancements made within GSTR 2B reconciliation. Provision is given to perform reconciliation for import and ISD invoices without navigating to the GSTIN level section. This will allow user to perform reconciliation for multiple GSTINs in one go, which will save time.
How to Use it?
- Navigate to the Reconciliation module, → go to the Perform Recon Section, and select either of the tabs from the Import or ISD Reconciliation sections. Perform reconciliation activities as needed.
Separate tabs for import and ISD transactions within GSTR 2B Reconciliation, available at the PAN level.
Use Case
- Vendor Compliance Insights allows to know the vendor’s score based on his compliance status. Also, it helps to know whether E-invoice is applicable to a vendor; if yes, then whether he is generating the same.
- This report also shows the ITC risk of the vendor at Summary level and PAN level.
How to Use it?
- Access this feature through the Vendor Cockpit Section → choose Vendor Compliance Insights Report (for activating the premium features, kindly contact support or the sales team).
