Benefits
Why It Matters
The problem
Is input tax credit slipping through the gaps every month?
Matching line by line in Excel
Downloading GSTR-2B and comparing it with your purchase register in a spreadsheet takes hours, and a single sorting error can hide a missing invoice.
ITC you can't prove
Input tax credit (ITC) is the GST you paid on purchases that reduces the GST you owe on sales. If your supplier hasn't reported the invoice, it won't appear in your 2B, and the claim is at risk.
Small differences, big notices
A supplier who reports ₹1,18,000 when your bill says ₹1,81,000 creates a mismatch that can turn into a notice months later if nobody spots it now.
How it works
How GSTR-2B reconciliation works
1
Bring in GSTR-2B
Upload the GSTR-2B file for the month, or on Advance let hisabkitab auto-fetch it from the GST portal.
2
Automatic matching
hisabkitab compares each 2B invoice with your purchase register using GSTIN, invoice number, date and values.
3
Review four buckets
Results are sorted into Perfect match, Value mismatch, Only in 2B and Only in purchase register, each with totals.
4
Act on the gaps
Book purchases that are only in 2B, correct value differences, and follow up with suppliers for invoices that are only in your books.
Capabilities
What the reconciliation gives you
Perfect match
Invoices that agree on GSTIN, number, date and tax. These are your safest ITC claims for the month.
Value mismatch
Same invoice, different taxable value or tax. You see both figures side by side to decide who needs to correct what.
Only in 2B
Your supplier reported it, but you haven't booked it. Often a missed purchase entry, or a bill sent to the wrong company.
Only in purchase register
You booked it, but the supplier hasn't reported it. These are the invoices to chase before claiming credit.
Auto-fetch on Advance
On Advance, GSTR-2B can be fetched from the GST portal through the integration, so you skip the download step.
Learns as you correct
hisabkitab's AI improves with each correction you make, for your company and your way of working.
Use cases by industry
Who uses it, and how
FMCG distributor
A distributor with 300+ purchase bills a month from principals and local suppliers reconciles in one go and finds two invoices booked under the wrong supplier GSTIN.
Auto dealership
A two-wheeler dealer in Kochi checks spares purchases against 2B and spots an invoice the supplier reported with a different value, before claiming ITC on it.
Construction contractor
A contractor buying cement and steel from many suppliers uses the Only in purchase register list to call suppliers who haven't filed their GSTR-1.
Garment manufacturer
A garment unit in Ludhiana finds fabric invoices in the Only in 2B bucket that were never entered, and books them so the ITC isn't missed.
Before vs after
Before hisabkitab, and after
Two spreadsheets and a VLOOKUP every month
Automatic matching in four buckets
Discovering missing ITC at the annual return
Finding it the same month
Calling every supplier just in case
Calling only those in Only in purchase register
Downloading 2B from the portal manually
Auto-fetch on Advance
Available on Advance (₹6,999/year, exclusive of 18% GST), which includes AI-powered GST reconciliation and auto-fetch of GSTR-2B. Advance also covers 4 companies and 5 users, so you can reconcile each GSTIN you run.
Popular with these industries
Versatile Accounting and Billing Software for Every Sector
FAQs
What is GSTR-2B and why reconcile it?
What do the four buckets mean?
Does hisabkitab fetch GSTR-2B automatically?
Is the matching done by AI and can it be wrong?
How does this relate to IMS?
How often should I reconcile GSTR-2B?
What should I do with Only in purchase register invoices?
Can I reconcile several GSTINs?
Can I export the reconciliation result?
Is GSTR-2B the same as GSTR-2A?
Claim ITC with confidence
Run your first GSTR-2B reconciliation on last month's data and see where you stand. Book a demo and our team will walk you through it on your own purchases.
