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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- 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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E-invoicing Solution
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E-way Bill Solution
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Taxpayer APIs
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Garnet
Rule 3
Rule 3. Ignore Invoice No. Check Invoice Value, Taxable Value, and Tax Amount exact amount match
This rule will check comparable invoices based upon exact amount match but by ignoring invoice no. and considering the month of the invoice date in both purchaser only and supplier only invoice.
So the basis of comparison will be based upon:
- Counterparty GSTIN
- Exact invoice value, taxable value and tax amount matching at invoice level
- Document financial period (i.e. month and year based on invoice date)
E.g. Invoice VD-1001 as per GSTR 2A i.e. Supplier records and Invoice 1001 as per Purchaser record but invoice values, the month-year combination of invoice date and counterparty GSTIN are exactly matching for these two invoices. Then these two invoices will get reconciled and will move to match/invoice mismatch category.
If more than one invoice found for comparison then the application will move anyone to the Match/ Value mismatch /Invoice mismatch category.
See screenshot as below:
