All Stories

Status Reconciliation (GSTR-1)

GST compliance is complete if information of outward and inward supplies in books reconcile with the data on GST portal. Due to involvement of counter-party, multiple systems, and users, discrepancies creep in frequently making reconciliation a critical step.  The filing…

July 10, 2017 · by Saju · 0

What is Table-wise GSTR-1 ?

GSTR-1 report can be viewed in the table-wise format. The table-wise report is structured in line with the GSTR-1 format given by the department. To view the report in table-wise format ●     Click V: Table-wise View in the GSTR-1 report. By default the table-wise format…

July 10, 2017 · by Saju · 0

GSTR-1 Exceptions and solutions in Tally ERP 9

Vouchers with incomplete/mismatch in information list includes voucher that contain GST details but are not included in the count of Included in returns and Not relevant for returns due to incomplete information or mismatch. You can correct exceptions in the vouchers before exporting GST returns.…

July 10, 2017 · by Saju · 0

Resolve Information required for generating table-wise details not provided in GSTR-1

Displays the count of transactions excluded from table-wise format of GSTR-1 due to incomplete information. The button Exception Types is provided to resolve all party ledger level or voucher level corrections from a single screen. To resolve all exceptions without having to…

July 9, 2017 · by Saju · 0

Resolve Voucher with incomplete/incorrect adjustment details (GSTR-2)

Displays the count of journal transactions in which Nature of adjustment is not selected. To resolve this exception 1.    Select the exception Voucher with incomplete/incorrect adjustment details. 2.    Press Enter. All transactions are displayed of a particular exception are listed, as shown  below: 3.    Select the Nature of…

July 9, 2017 · by Saju · 0

How to resolve Mismatch due to tax amount modified in voucher in GSTR-1

Displays the count of transactions in which difference is found between the calculated and entered tax amount. The mismatch due to modified value can be resolved by following one of the options. Recompute To resolve this exception 1.    Select the exception Mismatch…

July 9, 2017 · by Saju · 0

How to resolve Incorrect tax type selected in tax ledger in GSTR-1 ?

Displays count of transactions in which type of duty is invalid. To resolve this exception 1.    Select the exception Incorrect tax type selected in tax ledger. 2.    Press Enter. All the transactions of the exception type are displayed, as shown below: 3.    Select the…

July 8, 2017 · by Saju · 0

Resolve Nature of transaction, taxable value, rate of tax modified in voucher `

Displays count of transactions in which the Nature of transaction, taxable value or rate of tax defined in the ledger master has been changed in the transaction. To resolve this exception 1.    Select the exception Nature of transaction, taxable value, rate of…

July 8, 2017 · by Saju · 0

How to resolve GSTR-1 exception Tax rate/tax type not specified ?

Displays the count of transactions for which the rate or tax type is not selected in the item/ledger master. To resolve this exception 1.    Select the exception Tax rate/tax type not specified. 2.    Press Enter. All the transactions of the exception type are displayed.…

July 8, 2017 · by Saju · 0

How to resolve exception Country, state and dealer type not specified in GSTR-1

Country, state and dealer type not specified Displays the count of transactions where, ●     Country/state is not selected in the party ledger master, ●     State selected in transaction and party ledger are different, or ●     Nature of transaction is not derived. To resolve…

July 8, 2017 · by Saju · 0