Important Year Ending Tasks
(Must do it every year)
▪︎ Check Sale Invoice Series so that you can report any missing Invoices in GSTR 1
▪︎ Check Sale Invoices duplication because sometimes after filing GSTR1 by mistake same transaction reported again and it will result in higher sale in books compare to GSTR 1 /3B
▪︎ Reconcile April to February Books data with GST Portal so that any amendment can be done in march GST Return and it will help you in filing GSTR 9/9C and reduce the chances of Notices related to mismatch due to non reconciliation
(Our software has an option of Compare Books with GSTR 1 and it will help in easy reconciliation of Data)
▪︎ Check Purchase Invoices duplication
▪︎ Check the Tax Liability comparison summary so that if any mistakes in reporting values in GST can be corrected in march 2025
If you reconcile April to February data and give effects if any in march 2025 GST Return then your GSTR 9 filing will be very easy because every data of GSTR 9 got perfectly matched with Books