Project – Phase 7

Project – Phase 7

• Export all invoices and credit notes into an Excel file and prepare GST Output Report with Invoice Number, Party Name, GST Number, HSN Code, Invoice Value, Taxable Value, IGST, CGST, SGST.
• Check the transaction summary, HSN summary, documents issued, etc. in the auto-generated GSTR-1 report in Zoho Books.
• Reconcile both the reports and, if everything is matching, mark GSTR-1 as filed with the filing date as the 10th of M2 (Month 2).
• Export Expenses and Bills into an Excel file and identify eligible GST inputs.
• Refer to Table A for the extract of GST inputs uploaded by all vendors as per the GSTR-2B report available on the GST portal.
• Reconcile the Excel working of Eligible input GST with the GSTR-2B Report to identify missing bills or expenses and prepare the Final Eligible GST input report.
• Add missing expenses and bills along with GST input details in Zoho Books.
• Reconcile the GSTR-2B report generated in Zoho Books with the final eligible GST input report prepared as per GSTR-2B.
• Prepare the GST Computation Report in Excel with all output GST and eligible input GST to identify the Final GST payable.
• Record GST payment details under Filing & Compliance > GST Filing with the payment date as the 19th of M2 (Month 2).
• Check the summary in GSTR-3B and mark GSTR-3B as filed with the filing date as the 20th of M2 (Month 2) using acknowledgement number AB290624576874E.

GSTR-2B Report:

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