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 4
Rule 4. Ignore Invoice No. Check Invoice Value, Taxable Value and Tax Amount within tolerance
If this option is selected then Rule 3 will also be automatically selected and run. This rule will check if invoices are comparable based upon amount match within tolerance limit defined by the user 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
- Invoice value, Taxable value, Tax amount at invoice level within the tolerance defined by you
- Document financial period (i.e. month and year based on invoice date)
E.g. Invoice KiranJuly1001 as per GSTR 2A i.e. Supplier records and Invoice July1001 as per Purchaser record but invoices values are not exactly matching but are within tolerance limit set by you e.g. tolerance limit Rs. 10.
Then these two invoices will get reconciled and will move to the Value Mismatch category.
But if more than one invoice found for comparison then that list of related invoices you will get in the drop down of supplier only and in purchaser only. Also in drop down, you will get the option of view details of those multiple invoices. By clicking on view details, now you need to select one which is the closest one and wants to perform reconciliation with that related invoice. After clicking perform reconciliation the invoice will get move from supplier only and purchaser only to Value Mismatch category accordingly.