How to reconcile GSTR 2A or 2B vs Books ….? Which method you are using ….?

Question

Accepted Answer

Reconciling GSTR 2A or 2B vs Books

Reconciling GSTR 2A or 2B involves comparing the data in these forms with the books of accounts to ensure accuracy.
The method used for reconciliation can vary depending on the organization's processes and systems.
One common method is to compare the invoice details in GSTR 2A or 2B with the corresponding entries in the books of accounts.
Discrepancies can be identified and resolved by investigating the reasons behind the differences.
Reconciliation can be done manually or through automated software tools.
Regular and timely reconciliation helps in identifying any errors or mismatches and ensures compliance with tax regulations.

Accepted Answer

First download the gstr 2a and gstr 2b in excel format I’m using the method of “SUMIFS” or “VLOOKUP”.

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