GSTR-2A Reconciliation with GSTZen

GSTR-2 Worlflow Image

Your Books vs GSTR-2A Reconciliation - Demo

STEP 1 - Sign up with GSTZen

How to Sign up with GSTZen

STEP 2 - Login to GSTZen

How to Login to GSTZen

STEP 3 - Add a GSTIN in GSTZen

Click here - How to add a GSTIN to be managed by GSTZen for video presentation

Click on New GSTIN

Enter GSTIN image

Enter GSTIN and Save GSTIN

Click on the GSTIN you added and you will enter the software.

GSTZen GSTIN detail Image

Now click on “New Feature Take a look at GSTZen's Consolidated Year-to-date Reports, click here for 2017-18 or click here 2018-19”

Consolidated link feature

You will be redirected to the Consolidated Report page.

Consolidated Report Image

STEP 4 - Upload your Purchase Invoices and Credit/Debit Notes

Provide GSTZen with information about Purchase Invoices, Credit and Debit Notes, and Advances paid to suppliers. You can upload them easily using XLS files. GSTZen importer is flexible and can work with data from any accounting software.

Upload Purchase Invoices and Credit/Debit Notes

TIP :How to Bulk Upload Purchase invoices

Upload Purchase Invoices Button

TIP :How to Bulk Upload Sales and Purchase Credit/Debit Notes

Upload credit/debit notes Button

STEP 5 - Enable API Access for that GSTIN in the Government Portal

Login to the Government portal and Download your Purchase invoices, Credit and Debit notes into GSTZen. These are Invoices that your suppliers have uploaded in their GSTR1 return.

TIP :How to Enable API on Government Portal

STEP 6 - Login to GST Government Portal using OTP

After enabling API access, Click on Login to GST Government Portal with OTP.

Login GST govt portal image

Enter GST portal user name and generate OTP.

GST Portal login page

Enter the OTP received on your registered mobile or Email ID to enable API for downloading data from the Government portal to GSTZen

STEP 7 - Download GSTZen’s GSTR-2A Report

Now click on the checkboxes for GSTR 2A invoices and credit debit note month wise.

GSTR-2A Reconciliation before download

Data successfully downloaded from the Government Portal. You will see the green tick mark.

Click Download from Government portal. This will download your Government portal data into GSTZen. These are Invoices that your suppliers have uploaded in their GSTR 1 return. In one to two minutes, you will see a green tick mark and the time when the data was downloaded.

Section Rows download

STEP 8 - Run GSTR-2A Intelligent Matcher

Click on RUN GSTR 2A Purchase Details Matcher. GSTZen's intelligent matching logic gets to work. This will generate a report in XLS format.

Run GSTR-2A details matcher

STEP 9 - Download the Report and Review

Now click on either month wise or year wise XLS in the given table to download the Invoice-level reconciliation of your Purchase Register against GSTR-2A report.

Download GSTR-2A reconciliation XLS report

GSTZen classifies Invoices into four groups. Invoices present in GSTZen but not uploaded to the Government portal by our supplier, shown in Yellow. Invoices uploaded to the Government portal, but missing in GST Zen, shown in Blue. Mismatched Invoices where amounts in your purchase register and the Government portal are different, shown in Red. Finally, matched Invoices, shown in Green.

Review the report. The report shows all Invoices and compares your purchase register tax amounts with the amounts in the Government portal. This is a regular Excel file. You can sort, filter, and analyze this report. This being Excel, we can copy paste the action for multiple Invoices.

What is the cost of generating the report?

GSTZen does not charge any amount for producing/viewing the XLSX report. GSTZen charges you for data transfer to and from the Government Portal. The cost per data transfer is 1.25 and the total cost depends on the number of data transfers. The following examples show costs for a Tax Payer with less than 200 invoices a month. For additional invoices add 1 Paisa per Invoice. To know more about please click here

To know How to make payment to your wallet, please click here

If you are a Tax Consultant, you can upload Invoices for multiple clients (GSTINs) in bulk using GSTZen. Signup now.