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GST Input Tax Reconciliation

GST Input Tax Reconciliation

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Category : Other Services
Item Id : 53037
Published date : 08/07/2019
Modified date : 08/07/2019
Viewed : 10 x
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Bangalore , Karnataka , India

ismatches between a company’s PR (Purchase Register) and their GSTR2A will have an effect on the company’s ITC (Input Tax Credit) claims. ITC reconciliation is therefore required to correct the mismatches and ensure that Input Tax Credit (ITC) can be availed.
https://www.ricago.com/gst-input-tax-reconciliation/
Manual reconciliation is a tedious and time-consuming task if the invoices are high in numbers, and does not guarantee 100% accuracy. This calls for robust controls and organized systems on the part of taxpayers to fill out the return form correctly without any error.

ricago provides an AI-ML based reconciliation solution, which is developed based on various use cases derived from our experience in providing ITC reconciliation services. Presented in an attractive, easy-to-understand and actionable report – this is an exhaustive analysis with high accuracy, thus bringing enormous savings and ROI for the organization.

Benefits to organization: Accurate, quick and actionable report saves time and effort. Constantly evolving reconciliation solution based on real use cases, increases the accuracy of the report.
https://www.ricago.com
Proprietary platform based on AI/ML
Intelligent Matching, with AI-based match rates of up to 70%
Follow up with vendors as a service
Consultancy with Accounting Teams to generate clean Purchase Register from ERP
GST Technology utilities and customized development as per company requirements
https://www.ricago.com

nitish
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    Location

    Qast, Det, Koramangala, Bangalore, Karnataka, India

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