Purchases and GSTR-2B
Every purchase bill matched to the supplier's reported invoice.
All finance operations services
Finance Operations
GST Reconciliation
FinAura reconciles your GST every period: purchases in your books against GSTR-2B, so you claim the credit you are entitled to and nothing you are not, and sales against GSTR-1 and e-invoices, so what you report matches what you billed. Suppliers who have not filed are followed up before the credit is lost.
- Chartered Accountant-led
- Bangalore and across India
- Reply within one business day
What is covered
What GST Reconciliation Covers
Both sides of the return, matched to the books.
Sales and GSTR-1
Sales in the books agreed with what was reported and e-invoiced.
Supplier follow-up
Suppliers with missing or wrong invoices contacted with specifics.
Credit reversals
Credit on unpaid or ineligible purchases identified and reversed.
Invoice management
Supplier invoices accepted, rejected or kept pending on the portal.
Annual tie-out
Twelve months agreed before the annual return.
How the month runs
How It Works
Download, match, chase, claim.
Step 1
Download
- GSTR-2B
- GSTR-1 and e-invoices
- Books extract
Step 2
Match
- Invoice-level matching
- Tax amounts checked
- Mismatches listed
Step 3
Chase
- Suppliers contacted
- Corrections tracked
- Pending items carried
Step 4
Claim
- Eligible credit agreed
- Reversals posted
- Return prepared
Your part
What We Need From You
- 01GST portal access or returns
- 02Purchase and sales registers, or software access
- 03Supplier contact details
- 04Payment data for old unpaid bills
Our part
What You Get
- A credit claim backed invoice by invoice
- A supplier list with missing invoices
- Sales reporting that matches the books
- A clean trail for notices and the annual return
A common question
Why does GSTR-2B not match my purchase register?
Some suppliers file late, some report the wrong GSTIN or amount, and some bills in your books are dated in a different month from the supplier's.
Credit generally follows what your supplier reports, so the match decides what you can claim. Doing it every period turns a year-end shock into a short monthly list.
See GST returnsMatchedCredit supported
PortalGSTR-2B, GSTR-1, e-invoices
BooksPurchase and sales registers
Who it is for
Who It Is For
Businesses with many suppliers
Hundreds of purchase bills a month.
Companies losing credit
Mismatches that cost real money.
Businesses with GST notices
Differences the department has flagged.
Multi-state registrations
Several GSTINs to keep in step.
The rules, in plain English
What the Law Says
CGST Act, 2017
Section 16
Input tax credit can be claimed only with a valid invoice, on goods or services received, where the supplier has reported the invoice and paid the tax, and you have filed your return.
Official source: cbic-gst.gov.inCGST Rules, 2017
Rule 37
Credit taken on a purchase must be reversed if the supplier is not paid within the period the rule sets, and can be claimed again once payment is made.
Official source: cbic-gst.gov.inCGST Act, 2017
Sections 37 and 39
Registered businesses report their outward supplies and file a return working out tax payable, credit and payment for each period.
Official source: cbic-gst.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
GST Reconciliation: Questions, Answered
What is GSTR-2B reconciliation?
Matching each purchase invoice in your books to the invoice your supplier reported, as shown in GSTR-2B, so that the input tax credit you claim is supported.
What happens if a supplier has not filed?
The credit generally cannot be claimed until the supplier reports the invoice. We list those suppliers and follow up with them.
Do I have to reverse credit if I have not paid a supplier?
Yes. Credit must be reversed if the supplier is not paid within the period the rules set, and it can be claimed again once you pay.
Can you reconcile past years before a notice reply?
Yes. We rebuild the reconciliation for the period in question and prepare the working your reply needs.
Often Taken Together
All 10 Finance Operations services01Finance OperationsVendor and Customer ReconciliationLedgers agreed with your suppliers and customers, so disputes are settled on facts and balances confirmed before year-end.02Finance OperationsAccounts PayableInvoices checked, approved and scheduled for payment with proper controls, so vendors are paid when due and nobody is paid twice.03Finance OperationsInvoicing and e-invoicingCustomer invoices raised promptly, in the right format, with e-invoice IRNs where the turnover rules apply.04Tax & ComplianceTaxationGST, income tax, TDS, tax planning and notice replies, from reconciled data.05Accounting & FinanceAccounting & BookkeepingClean, current books every month, reviewed by a Chartered Accountant.