GST Version 2.27

GST Version 2.27

Editable Tax Fields for GSTR-1, GSTR-2, and GSTR-7

We’ve made significant improvements by allowing you to edit tax fields for GSTR-1, GSTR-2, and GSTR-7. This update ensures that you have complete flexibility when managing your GST returns, making it easier to correct or modify details as necessary for accurate tax filing.

GSTR-1A Option Added

A new GSTR-1A option has been introduced under Option Settings. This feature can now be enabled whenever required, offering more control over the amendments made in your GSTR-1 filing. By utilizing this option, you can quickly and easily manage adjustments to your GSTR-1 return for better compliance and accuracy.

GSTR2B Reconciliation: Advanced Features

We’ve significantly improved the GSTR2B Reconciliation process with these key updates:

• Party-wise Report for Pending Records Over 180 Days
  A new Party-wise report feature has been introduced, designed to help you track any long-pending transactions that are over 180 days old. This report makes it easier to quickly identify invoices that are long pending to be reported by the vendor, allowing you to address any discrepancies or delays in your reconciliation process.
• Auto-configure Feature for Mismatched Records
  The Auto-configure tool now helps automatically resolve mismatched records within a specified time frame. This update saves you time and effort by correcting mismatches without requiring manual intervention, ensuring faster and more accurate reconciliation.
• All Tabs Available in PDF Format
  To enhance accessibility and ease of use, every tab in the GSTR-2B reconciliation process can now be downloaded in PDF format. This feature ensures that you can easily access and print all relevant records whenever needed, streamlining the review and documentation process.
• Enhanced Matched Tab
  The Matched tab has been enhanced to include both original entry records and downloaded records. This improvement makes it easier to verify your data and export it to Excel for further processing or analysis, improving your overall workflow and making reconciliation more efficient.

IMS: Data Export & Import for GST Compliance

In line with the growing need for efficient data management, we’ve introduced IMS data export and import functionalities. This update allows you to easily export GST invoice data and make updates with actionable items. Whether you’re dealing with a high volume of invoices or managing data for reconciliation, this update streamlines the process and minimizes manual effort.

GSTR9: Retrieve and Calculate Advanced Received Data

For GSTR-9, we’ve added a retrieve advanced received data feature that fetches detailed information for your entire financial year. This functionality ensures you can accurately calculate any discrepancies or adjustments needed, reducing errors during annual filing. It simplifies your filing by retrieving all relevant data and calculating the differences automatically, saving you hours of manual work.

GSTR2B Bulk Download via PAN

In response to your feedback, we’ve enabled PAN-based bulk downloads for GSTR-2B. This includes downloading based on PAN and OTP authentication, and enhancing security during the download process. You can now access your data more efficiently, allowing for quicker and smoother reconciliation of Input Tax Credit (ITC). PAN based download will allow the GSTR2B to be downloaded of an specific PAN only.

E-Way Bill Enhancements: Improved Functionality

We have provided a separate menu for E-Way Bill entry, along with enhanced functionalities, to improve user experience and system efficiency:

• Given entry, filtering, sorting, and CSV export functionalities
  The E-Way Bill system now offers enhanced features for entry, filtering, sorting, and CSV export. These improvements allow you to individually manage large sets of data efficiently by filtering and sorting records as needed, and exporting them directly in CSV format for further processing or reporting.
• Added Excel import functionality
  You can now import E-Way Bill data via Excel, making bulk updates and management easier than ever. This functionality streamlines the process and reduces manual data entry, saving you time and effort.
• Implemented E-Way upload through GSP and E-Way cancellation
  We’ve integrated the ability to upload E-Way bills via GSP, ensuring a seamless filing process. Additionally, the E-Way cancellation feature allows you to easily cancel E-Way bills directly through our system, providing you with better control over your submissions.
• Provided E-Way Part B entry, CSV export, and upload through GSP
  We’ve added support for E-Way Part B entry, along with CSV export and the ability to upload via GSP. This will ensure updated data of e-way bill, making the process more efficient and streamlined.

With these new enhancements, you can now handle all aspects of your E-Way Bill process more efficiently, whether it’s uploading, exporting, or cancelling. This comprehensive update makes the entire process smoother and quicker.