To dissolve your GST Problems in thin Air !!
Complex GST calculations for different vehicle categories, mind boggling GST reconciliation and time consuming manual GST voucher creation are some of the nightmares of every accounting personnel of an Auto Dealership. Infoman eDMS is the ultimate magic wand to help you overcome all these challenges.
GST Calculation – The Infoman eDMS Advantage :
Infoman eDMS offers Auto GST Calculation based on vehicle configuration defined in the Setup .
Error free Auto posting of GST vouchers without manual intervention saving time and human efforts.
On vehicle transfer from one location to another, location wise GST is computed automatically defined in the system.
Infoman eDMS generates following key GST reports :-
- GSTR-1: statutory monthly report showing details of outward & inward supplies of taxable goods and/or services effected.
- GSTR-3B : A statutory report having summary of total outward and total inward supplies.
- GST Detail Report – Detail report showing both Input and Output taxes to check all the entries related to GST . It shows the details like HSN/SAC, Tax Percentage, Tax Name, Tax Amount, Voucher No, Voucher Date, Taxable Amount, Voucher Narration etc.
- GSTR 2A reconciliation – Infoman eDMS reconciles the entries of supplier’s GSTR1 with buyer’s GSTR2A entries.
- GSTR 3B reconciliation – Infoman eDMS generates one summary report to reconcile different components of GSTR 3B like Income, RCM, Interstate Income, Non taxable purchases, Credits, GST adjustments, Challan payments etc.
GST reconciliation is a recurring event, it must be performed periodically to claim maximum credit and to avoid mismatches on a larger scale. The taxpayers shall communicate the queries with his recipients or vendors at the earliest and file error-free returns.
Contact our experts to find out how your accounting team can benefit from Infoman eDMS in-built financial checks for smooth GST report generation and reconciliation.