Automating Audits | Mindful Automations

What is

GSTR 2A Reconciliation

GST reconciliation primarily matches the data uploaded by the suppliers with the recipients' purchase data.
It includes comparing the GSTR 2A, auto-populated from suppliers data, and the purchase data recorded by the supply receivers.

Challenges

Time Consuming

Manual Entries

Errors & Mistakes

Claiming Inaccurate/Ineligible ITC

Interests/Penalties & Notices

ITC on RCM Supplies

Account Mismanagement

Data Preparation

Availability of Tools

Analysis, Correction, &

Action

Example

Fields for Verification	Date of Invoice	Invoice No.	Customer/Vendor GST No.	GST Rate	Taxable Amount	IGST	CGST	SGST	Invoice Value
Sales/Output	22 Mar 2021	220	2AXYZ1906	Required	Required	Required	Required	Required	Required
Purchases/Inputs	22 Mar 2021	220/2	2AXYZ190621	Not mandatory	Required	Required	Required	Required	Required
Key to Match	Matched	Partially matched	Not matched	Not available	Matched	Matched	Matched	Matched	Matched