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Sovos Wiki
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GST Compliance Solution
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- GSTR 9 Structural and Business Rules
- ITC 04 Structural and Business Rules
- GSTR 8 Structural and Business Rules
- GSTR 7 Structural and Business Rules
- GSTR 6 Structural and Business Rules
- GSTR 3B Structural and Business Rules
- GSTR 2 Structural and Business Rules
- GSTR 1 Structural and Business Rules
- Validation Rules of Sovos GST Compliance Solution
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- Group Level Reports
- PAN level report for 2A (B2BA and CDNA)
- (Group Level) List of common invoices in Supplier Only and Purchaser Only across the group, includes across taxpayer GSTIN, across financial year and across regular and amendment section
- List of Invoices in Supplier Only and Purchaser Only across the group
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- GSTIN Level Reports
- List of invoices which have been uploaded by taxpayer in the filing period which is earlier than supplier filing period
- (GSTIN Level ) List of common invoices in Supplier Only and Purchaser Only across the group, includes across taxpayer GSTIN, across financial year and across regular and amendment section
- GSTIN Level List of invoices present in one financial year which belong to previous financial year as per invoice date
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- Articles coming soon
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- Value added Facility – Filter Facility
- Value added Facility – Send single and bulk Mail to Vendors
- Net Vendor Summary
- Post Action Summary
- Original Supplier Only Amended
- Manual PO SO Movement
- Purchaser Only
- Supplier Only
- Invoice Reconciliation Results
- Reconciliation Summary and Category wise Vendor Summary
- Snapshot of Recon Results
- Probable invoice number match concept
- Introduction to Recon Results
- 2P Summary
- Deemed Match
- Mismatched Invoices
- Matched invoices
- Show Remaining Articles (2) Collapse Articles
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- Introduction to IMS Reconciliation
- IMS: Process Flow
- IMS: Prepare Your Data and Get IMS Data
- IMS: Perform Reconciliation
- IMS: Advanced Reconciliation Rules
- IMS: Reconciliation Categories
- IMS: Review Results in IMS Recon Result
- IMS: Take Action on Invoices
- IMS: Act on Reconciled Invoices with a File
- GET & Action IMS: Action Data
- IMS: Resolve Mismatches
- IMS: Save to GSTN and Regenerate GSTR-2B
- IMS: Send Single and Bulk Mail to Vendors
- IMS: Filters and Downloads
- IMS: Troubleshooting
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E-invoicing Solution
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E-way Bill Solution
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Taxpayer APIs
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Garnet
IMS: Reconciliation Categories
After reconciliation, every invoice is placed in exactly one category. The category tells you how the invoice compares with its counterpart, and it suggests what to do next. You will see these categories in IMS Recon Result, in Summary Actioning and in Invoice Actioning.
| Category | What it means | What you usually do |
|---|---|---|
| Match | The invoice value, taxable value, tax amounts, Place of Supply, Reverse Charge and Invoice Type are all the same in your register and in IMS. | Accept the invoice. |
| Deemed Match | The invoice had a Value Mismatch or an Invoice Mismatch, and you moved it here using a tolerance rule. | Review the invoice, and then Accept it. |
| Value Mismatch | The invoice is in both places, but the invoice value, taxable value or tax amounts are different. | Analyse it with a tolerance rule, use Force Link if a credit or debit note explains the difference, or ask the supplier. |
| Invoice Mismatch | The invoice is in both places, but the Place of Supply, Reverse Charge, Invoice Type or the invoice-level value is different. | Review and correct it, or ignore that field using a tolerance rule. |
| IMS Only | The supplier has reported the invoice in IMS, but there is no comparable invoice in your register. | Run the advanced rules, use Multi Linkage, or Reject it or hold it Pending. |
| Purchaser Only | You have booked the invoice in your register, but there is no comparable invoice in IMS. | Run the advanced rules, or follow up with the supplier. |
| Mixed Invoices | Invoices that you linked yourself using Force Link or Multi Linkage. They are then reconciled again automatically. | Review the new result. |
| Original SO Amended | The supplier’s original invoice, which has been replaced by an amended invoice. It is flagged as already amended and is ignored in later steps. | Nothing. |
In plain words: IMS Only means your supplier has reported an invoice that you have not booked in a way that matches, and Purchaser Only means you have booked an invoice that your supplier has not reported, or has reported differently.